Banking definition

Banking means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise.

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Banking means the holding of compliance instruments from one compliance period for the purpose of sale or surrender in a future compliance period.

Banking means the process under which a generating station supplies power to the grid not with the intention of selling it to either a third party or to a licensee, but with the intention of exercising its eligibility to draw back this power from the grid.

Examples of Banking in a sentence

• If the merger, consolidation or other transfer has occurred between state banks, the newly-created entity shall forward the certificate of merger or exchange issued by the Texas Department of Banking as well as the statement filed with the pertinent chartering authority, if applicable, to the TWDB within five business days following such merger, consolidation or exchange.

• In order to use the service, you will need Internet access and an appropriately enabled mobile device, and must be registered for the Credit Union’s Digital Banking Service.

• You agree that if you do not access Digital Banking for a period of fifteen (15) months or longer, you will not be able to access any Digital banking Services, including the Remote Deposit Capture Service, until you contact us to enable access.

• If you have selected the Mobile Banking Service, the following terms and conditions are applicable to the Mobile Banking Service.

• To notify us of errors, please call our Contact Center at (▇▇▇)▇▇▇-▇▇▇▇ or initiate a chat conversation with a Contact Center agent via the Digital Banking app.

More Definitions of Banking

Banking means any CPI Rent Adjustment (or any rent adjustment formerly known as the Annual Permissible Rent Increase) the owner chooses to delay imposing in part or in full, and which may be imposed at a later date, subject to the restrictions in the regulations.

Banking means the business of receiving deposits, making loans, discounting commercial paper, issuing drafts, traveler's checks, and similar instruments, handling and making collections, cashing checks and drafts, and buying and selling exchange.

Banking means: (i) developing, acquiring, importing, exporting, proliferating, maintaining, storing and distributing Original Material and Replicates on an international basis; and (ii) providing value-add services using Original Material and Replicates, in each case for a reasonable fee sufficient to cover costs of operations; provided however, that in no event does “Banking” include the use of Original Material and Replicates in human clinical testing or as human therapeutics;

Banking means the surplus green energy injected in the grid and credited with the distribution licensee by the Green Energy Open Access consumers and that shall be drawn along with charges to compensate additional costs; if any;

Banking of instructional time Schools sometimes extend the student instructional day in order to get blocks of time for school-specific activities. By extending the instructional day, schools meet state requirements concerning instructional time. This provides time when students are excused from school so that staff can have time for professional development, in-service, training etc. It is the Instructional Council’s responsibility to: • Decide in collaboration with the whole staff whether or not to bank time; • Work collaboratively with the whole staff to decide the content of the professional development and the date or dates it will be held.

Banking means the business of receiving deposits, making loans, discounting

Banking means the surplus green energy scheduled and injected into the grid and credited with the distribution licensee by the Green Energy Open Access consumers;