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nonbank

American

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

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.

Etymology

Origin of nonbank

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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

nonbank

Increasingly, small businesses like Brushstrokes + Beverages — with little capital to use as collateral against a traditional loan — are turning to nonbank finance companies for merchant cash advances.

From Los Angeles Times ● Oct. 28, 2026

It is a digital-only bank founded in 2019 that serves high-tech startups, small venture-capital firms, nonbank fintech providers, and small-business loans.

From The Wall Street Journal ● Oct. 1, 2026

Walt Schmidt, mortgage strategist at FHN Financial, has noted that average loan balances have risen, today’s borrowers also have higher credit scores, and more loans are serviced by nonbank firms.

From The Wall Street Journal ● Sep. 14, 2026

A robust banking system and wide availability of nonbank financing helped funnel capital to startups and other ventures, allowing them to sustain losses for longer periods as their businesses matured.

From MarketWatch ● Jun. 28, 2026

Complicating these efforts, Macklem said, is the growing influence of nonbank lenders such as hedge and pension funds, private-finance companies and other asset managers in global financial activity.

From The Wall Street Journal ● Jun. 23, 2026

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023