What is the meaning of word "Bank"?

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An organization which provides financial & advisory services to the public.

It's a service oriented business deals with cash related activities. Deposits, transfer, savings. Lend money to debtors to earn profit on cash.

An establishment authorized by a government to accept deposits, pay interest, clear checks, make loans, act as an intermediary in financial transactions, and provide other financial services to its customers.

 

 deposit money and lend money