bank

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Related to Superelevation: centrifugal force

Bank

An institution that provides a great variety of financial services. At their most basic, banks hold money on behalf of customers, which is payable to the customer on demand, either by appearing at the bank for a withdrawal or by writing a check to a third party. Banks use the money they hold to finance loans, which they make to businesses and individuals to pay for operations, mortgages, education expenses, and any number of other things. Many banks also perform other services for a fee; for instance they offer certified checks to customers guaranteeing payment to third parties. In some countries they may provide investment and insurance services. With the exception of Islamic banks, they pay interest on deposits and receive interest on their loans. Banks are regulated by the laws and central banks of their home countries; normally they must receive a charter to engage in business. Banks are usually organized as corporations.

bank

a deposit-taking institution which is licensed by the monetary authorities of a country (the BANK OF ENGLAND in the UK) to act as a repository for money deposited by persons, companies and institutions, and which undertakes to repay such deposits either immediately on demand or subject to due notice being given. Banks perform various services for their customers (money transmission, investment advice, etc.) and lend out money deposited with them in the form of loans and overdrafts or use their funds to purchase financial securities, in order to operate at a profit. There are many types of banks, including COMMERCIAL BANKS, MERCHANT BANKS, SAVINGS BANKS and INVESTMENT BANKS. See BANKING SYSTEM, BANK OF ENGLAND, CENTRAL BANK.

bank

a deposit-taking institution that is licensed by the monetary authorities of a country (the BANK OF ENGLAND in the UK) to act as a repository for money deposited by persons, companies and institutions, and which undertakes to repay such deposits either immediately on demand (CURRENT ACCOUNT 2) or subject to due notice being given (DEPOSIT ACCOUNTS). Banks perform various services for their customers (money transmission, investment advice, etc.) and lend out money deposited with them in the form of loans and overdrafts or use their funds to purchase financial securities in order to operate at a profit. There are many types of banks, including COMMERCIAL BANKS, MERCHANT BANKS, SAVINGS BANKS and INVESTMENT BANKS. In recent years many BUILDING SOCIETIES have also established a limited range of banking facilities. See BANKING SYSTEM, CENTRAL BANK, FINANCIAL SYSTEM.

bank

An institution empowered by law to receive deposits, cash checks or drafts, discount commercial paper,make loans,and issue promissory notes payable to the bearer,known as bank notes. American commercial banks fall into two categories:(1) federally chartered and (2) state chartered. Federally chartered banks come under the regulatory and auditing supervision of the United States Comptroller of the Currency.State-chartered banks come under the control of the appropriate state banking authority.Typically the FDIC will audit state-chartered banks and the comptroller's office will audit federally chartered banks.

References in periodicals archive ?
The difference between the levels of two rails in the curve is called superelevation and is arranged to compensate a part of lateral acceleration.
The range being the same, also the optronic package remains that of the single-weapon system, and here too superelevation allows decoupling optronic sensors and weapons.
In particular, we assigned some deviations (rad) from the nominal (mid) values of superelevation (e), deflection angle ([alpha]) and time employed to cover input variables of residual circumference ([t.
Obviously, driving at curve section with superelevation is less safe and faces more safety concern caused by sight distance especially at with small horizontal radii (Dissceti 2010).
giving a slope in width superelevation to the curve has specific limits which causes other disadvantages when exceeded.
GEOPAK 2000 brings major uplifts to the product line, especially in plan production, graphical COGO (coordinate geometry) and superelevation functionality.
Improve superelevation and horizontal alignment on curves, upgrade seal to high level non-skid surface, seal shoulder on curves and install curve and advisory speed signs and curve alignment markers
Horizontal alignment checks include radius of curvature, superelevation rate and transition design, length of horizontal curve, and compound curve ratio.
GEOPAK generated earthwork and slope stake reports at the click of a mouse and saved valuable time when modifying alignments, profiles and superelevation.
Improve superelevation and widen shoulder, install edge lines and upgrade curve alignment markers, guideposts and speed advisory signs