What are the words used in bank?

Related words

• a/c. abbreviation. account.
• APR. noun. annual percentage rate: the percentage that a bank makes you pay in interest when you borrow money from it, calculated over a period of one year.
• a run on something. phrase.
• balance. noun.
• bank. noun.
• bank balance. noun.
• bank draft. noun.
• banker’s draft. noun.

What’s another name for power bank?

A lightweight power bank or mobile battery pack that you can carry anywhere. They go under different names: battery packs, power banks, portable chargers, fuel banks, pocket power cells and back-up charging devices to name just a few. But whatever you call them, they all do the same thing.

What are the basic banking terms?

10 Basic terminologies that you should know about Indian banking

• Base rate. Want to take a personal or home loan from your bank?
• Cashback. Owning a credit card issued by your bank?
• Credit History.
• Collateral.
• Compound interest.
• Demat account.
• Electronic Fund Transfer.
• Fixed and Floating rate.

How can I learn banking vocabulary?

Learn how to boost your vocabulary in preparation for forthcoming bank and insurance tests.

1. Reading a Lot is the Key.
2. Set a Target to Learn a Particular Number of Words Each Day –
3. Learn Many Words in One Go with Root Words.
4. Have a Good Dictionary App.
5. Maintain a Separate Notebook.
6. Use Learnt Words in Conversation/Writing.

What are battery packs?

A battery pack is a set of any number of (preferably) identical batteries or individual battery cells. Components of battery packs include the individual batteries or cells, and the interconnects which provide electrical conductivity between them.

What is CBC in banking?

In case Call Back Confirmation (CBC) is not confirmed the Bank has the right to return the cheque received over the counter and in clearing, for CBC Bank may set different thresholds from time to time. The Depositor will accept the images of the cheques if required after the expiry of the retention period.

What are the words used in banking?

Banking Vocabulary. Here are twenty words and terms often used in banking. 1. balance. n. the difference between credits and debits in an account. 2. bank charges. n. money paid to a bank for the bank’s services etc. 3.

Why is it important to know banking English?

However, banking is still an essential (key, very important) part of day-to-day life, so it’s important to know some banking English vocabulary. Whether you handle all your accounts online, still balance a checkbook, or like to go inside a bank to speak with a real person, here are some essential banking English phrases.

What is a banker?

Most students of English refer to everyone who works in a bank as “a banker.” Technically, this is not correct! A bankeris someone who holds an important position in a bank. When you go to the bank to take care of normal day-to-day business, you will probably be speaking to someone in a lower position.

How to improve English vocabulary for the government exams?

Most of the Government exams have a separate English Language and comprehension section to test candidates language skills. Hence, the task to improve the English Vocabulary should not be procrastinated if you wish to fetch good marks in the Verbal Ability Section.