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nonbank

[noun non-bangk; adjective non-bangk]

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noun

an institution that is not a bank but engages in certain banking practices, as lending money or holding deposits.

adjective

of, relating to, or handled by a nonbank: nonbank loans.

Origin of nonbank

First recorded in 1945–50; non- + bank²

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for nonbank

Contemporary Examples of nonbank

Five years ago, in 2004, the IRS granted the MF the right to be a nonbank custodian of IRAs.
The Bag Lady Papers, Part VII
Alexandra Penney
May 7, 2009