nonbank

[noun non-bangk; adjective non-bangk]
|

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 Daily Beast logo
    The Bag Lady Papers, Part VII

    Alexandra Penney

    May 7, 2009