Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Banking
the business carried on by or with a bank.
Banking act of 1933
see glass-steagall act
Banking day
1. Banking hours on a day when a bank is open to the public for carrying on substantially all its banking functions. ( typically, if the bookkeeping and loan departments are closed by a certain hour, the remainder of that day is not part of that bank's banking day. 2. A day on which banks are open for banking business.
Banking game
a gambling arrangement in which the house (i.e., the bank) accepts bets from all players and then pays out winning bets and takes other bettors' losses.
banking day
See BANKING DAY.
fraudulent banking.
The receipt of a deposit by a banker who knew that the bank was insolvent at the time of the deposit.
investment banking
The business of underwriting or selling securities; esp., the marketing of new stocks or bonds.