nonbank

noun

non·bank ˌnän-ˈbaŋk

often attributive

: a business that is not an officially established bank but offers many similar services

Examples of nonbank in a Sentence

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So at the same time as investors have been seeking investments outside the public markets, there has been a resounding demand for private credit from nonbank institutions. —

Christian Faes, Forbes, 5 Nov. 2024 Big Deal Debt from nonbank lenders is less likely to appear on the books of private companies seeking bankruptcy protection in U.S. courts this year, according to an S&P Global Market Intelligence report. —

Sheryl Estrada, Fortune, 7 Oct. 2024 Among the agenda items is a focus on proactive consumer protection efforts such as reducing consumer banking fees and pushing for greater transparency among and enhanced oversight of nonbank financial institutions through the Financial Stability Oversight Council. —

Rocio Fabbro, Quartz, 25 Sep. 2024 The mortgage industry in general has seen significant job losses since interest rates started climbing, with some nonbank lenders even going out of business. —

Jc Reindl, Detroit Free Press, 28 Feb. 2024 See all Example Sentences for nonbank