nonbank
/nˈɑnbˈæŋk/
Word Rarity
Very rare
Frequency: Zipf frequency 1.70 in modern English
13
Scrabble Score
7
Letters
2
Syllables
5
Unique Chars
Meaning
adj
Not a bank
noun
An institution, especially a financial institution, which is not a bank
Example Sentences
- "Many mortgages originate with nonbank lenders."
- "CFPB also went after a Chicago-based nonbank mortgage firm, Townstone Financial, for supposed discrimination and to effectively censor the owner’s speech."
- "Loan-making standards need to be subject to regulatory scrutiny, both at banks and nonbanks."