BANKING GAME

banking game.A gambling arrangement in which the house (i.e., the bank) accepts bets from all players and then pays out winning bets and takes other bettors’ losses. [Cases: Gaming  68(.5).][Blacks Law 8th]

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BANKING ACT OF 1933

Banking Act of 1933.See GLASS-STEAGALL ACT. BANKING DAY banking day. 1. Banking hours on a day when a bank is open to the public for carrying on substantially all its banking functions. • Typically, if the bookkeeping and loan departments are closed by a certain hour, the remainder of that day is not part of…

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BANKING

banking. The business carried on by or with a bank.[Blacks Law 8th]

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BANK HOLDING COMPANY

bank holding company.A company that owns or controls one or more banks. • Ownership or control of 25 percent is usu. enough for this purpose. — Abbr. BHC. [Cases: Banks and Banking  521–528. C.J.S. Banks and Banking §§ 524, 661, 718–731, 746–747.][Blacks Law 8th]

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BANK EXAMINER

bank examiner.A federal or state official who audits banks with respect to their financial condition, management, and policies. [Cases: Banks and Banking  17. C.J.S. Banks and Banking §§ 10–14.][Blacks Law 8th]

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