nonbank

American  

[non-bangk, non-bangk] / ˈnɒnˈbæŋk, ˈnɒnˌbæŋk /

noun

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

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adjective

1. of, relating to, or handled by a nonbank.

   nonbank loans.

Etymology

Origin of nonbank

First recorded in 1945–50; non- + bank ²

Example Sentences

Should central banks hike rates, that could exacerbate vulnerabilities in “opaque nonbank leverage.”

From MarketWatch • May 22, 2026

In these “back leverage” deals, the special-purpose vehicles do the borrowing and the banks have no recourse on the nonbank lender, in this case Atlas, if the underlying assets sour.

From The Wall Street Journal • May 6, 2026

Another risk is the rising prevalence of nonbank investors, such as hedge funds, option sellers, and leveraged exchange-traded funds.

From Barron's • Apr. 14, 2026

It’s hard to account for the aggressive lending of nonbank financial players, the wild stock-market prices of technology companies, and pockets of hidden borrowing and investing that are difficult to measure.

From MarketWatch • Apr. 8, 2026

The Thai provider of nonbank financial and insurance brokerage services targets loan growth of 5%-10% in 2026.

From The Wall Street Journal • Apr. 6, 2026