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Related to sperm bank: Sperm donation, Sperm donor

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 ?
I could write a whole column about how sperm banks take advantage of lesbian couples.
But they're suing the sperm bank anyway, and I don't blame them.
Acquiring anonymous donor sperm through a commercial sperm bank is
Hardin and LeBlanc allege that Devall in 2011 walked into the Texas Andrology Services sperm bank, asked for and was given Hardin's sperm, no questions asked, Bernsen said.
In the meantime, Supreme Court Justice Noam Solberg has prohibited the sperm bank from destroying the contested semen.
For example, an appellate court in California held that parents of an ART-conceived child and the child herself could compel the production of documents so long as relevant and necessary to their action against a sperm bank for selling sperm that allegedly was contaminated with kidney disease.
Between 2002 and 2006, I collected observational data and conducted interviews with a total of twenty-six people who worked at two egg agencies (OvaCorp and Creative Beginnings) and two sperm banks (CryoCorp and Western Sperm Bank) in the western United States.
The sperm bank industry is fairly consolidated, with only a few major players, but there are hundreds of egg donor agencies, many of which are side practices of local physicians.
My wife and I are in the process of trying to conceive, and there is nothing "parental" about the anonymous donor from whom we purchased sperm via a sperm bank.
According to the California Cryobank, the world's largest sperm bank, single women currently make up over 30% of their clients.
A sperm bank is to be created to help save endangered breeds such as the much-loved Cleveland Bay - a firm favourite of the Queen.
THE GENIUS FACTORY: The Curious History of the Nobel Prize Sperm Bank