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.

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

• Our Open Banking partner(s) are authorised to provide these services.

• When you use Open Banking services to initiate a payment from an account you hold with another provider: You must ensure that you enter your account access details accurately, to be able to successfully initiate payments to Remitly.

• All intending bidders are required to deposit a sum equivalent to 10% of the fixed reserve price by bank draft or cashier’s order in favour of Malayan Banking Berhad or remit the same through online banking transfer, one (1) working day before auction date with the undermentioned Auctioneer.

• You must comply with any terms and conditions that you have agreed with our Open Banking partner(s) in order to use their services.

• DEPOSITS: According to Florida law, deposit money and advanced rent must be held in a Florida Banking institution.

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: (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 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 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 a system for recording emission reduction credits so that they may be used or transferred in the future.

Banking means the reservation of creditable emission reductions, pursuant to N.J.A.C.

Banking shall have the meaning assigned to such term in Section 1.5.