Retail Banking

Bank
A commercial institution that takes deposits and extends loans, concerned mainly with making and receiving payments, accepting deposits, and making short-term loans to private individuals, companies, and other organizations.
High-Street Bank
A high-street bank refers to a major retail banking institution typically found on the main commercial streets of large towns and cities. These banks provide a wide range of financial services to individuals and small to medium-sized businesses.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.