🇵🇹Portuguese Source WordCode: PT

sistema bancário

Pronunciation / Transliteration: sistema bancário

🇬🇧 Direct English Meaning:
Banking System/ˈbæŋ.kɪŋ ˈsɪs.təm/
nounCEFR B2 (Upper)Top #1500 frequency
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🇵🇹 Example Sentence in Portuguese:

"O sistema bancário é vital para a economia do país."

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' derives from the Italian word 'banco', meaning 'bench', where moneylenders conducted business in medieval times. 'System' comes from the Latin 'systema', meaning 'a whole composed of parts', reflecting the organized nature of financial institutions.

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