🇫🇷French Source WordCode: FR

système bancaire

Pronunciation / Transliteration: système bancaire

🇬🇧 Direct English Meaning:
Banking-system/ˈbæŋ.kɪŋ ˌsɪs.təm/
nounCEFR B2 (Upper)Top #1500 frequency
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🇫🇷 Example Sentence in French:

"Le système bancaire est essentiel pour le développement économique."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A network of financial institutions that provide services such as accepting deposits, granting loans, and facilitating transactions.

    "The banking system plays a crucial role in the economy by providing liquidity and credit."
  2. 2

    The regulatory framework and policies governing financial institutions and their operations.

    "Recent reforms have aimed to strengthen the banking system to prevent future financial crises."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'banking' originates from the Italian word 'banca', meaning 'bench', referring to the benches used by moneylenders in medieval times. The word 'system' comes from the Greek 'systēma', meaning 'a whole compounded of several parts'. The combination reflects the organized structure of financial institutions.

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