Debank
Definition, Meaning & Examples
Pronunciation /di(ː)ˈbæŋk/ · Part of speech verb
Quick meaning: Debank is a verb meaning (banking, transitive) To deprive a person or organization of banking services, especially for political reasons.
Meaning
(banking, transitive) To deprive a person or organization of banking services, especially for political reasons.
More Meanings
- (ambitransitive) To cease or cause to stop operating as a bank.
Example Sentences
Ms Juric said as well as debanking her business, banks had also debanked her personal accounts and the accounts of people she was related to or lived with.
After some years in which ING Group received dispensation from the US government it will now start to ‘debank’ (giving back its banking licence) its business in the US.
It might come as some small comfort to Nigel Farage to discover that it’s not just those on his side of the Brexit debate who have fallen victim to potential ‘debanking’.
Oil Company of Texas [was] a company with which the Board had been feuding for two years over its efforts to “debank” its subsidiary bank by purporting to abandon demand deposit-taking.
Word Forms
- debanks
- debanking
- debanked
- de-bank
Synonyms for debank
Depending on context, synonyms include unbank.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.