We found 1 definitions of banking system from 1 different sources.
Noun |
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banking system - banks collectively | ||
banking industry | ||
industry the organized action of making of goods and services for sale; "American industry is making increased use of computers to control production" | ||
banking company, banking concern, depository financial institution, bank a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home" | ||
farm credit system, fcs a cooperative nationwide system of banks and associations providing credit to farmers and related businesses; originally capitalized by the federal government but now owned by its members and borrowers |