banc

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[edit] English

[edit] Noun

banc (plural bancs)

  1. Marketing slang (chiefly in USA) for the non-banking arms of a financial conglomerate that has "Bank" in its common name. For instance, if the original company was known as Bank of Manhattan, then its insurance business might be known as "Banc of Manhattan Insurance". It is a term of art, a meaningless word, that is meant to suggest the safety and soundness of a bank, without any actual representation of safety or soundness so that they are free to offer risky products without running afoul of false advertising laws.

[edit] References

  • Banc of America advises consumers that it should not be confused with being a 'bank', nor should they assume FDIC insurance. Footnote #2 [1]
  • Electronic Commerce: Economics and Strategy, Draft 1.0 by the Director of the Business Management Economics program at UCSC, Nirvikar Singh. Pg 14. Footnote #2 [2]
  • Texas Finance Code [3]

[edit] Anagrams


[edit] French

[edit] Pronunciation

[edit] Noun

banc m. (plural bancs)

  1. bench (seat)
  2. bank (mass of material, of cloud, fog, etc)
  3. bank, shoal, school (of fish)

[edit] Irish

[edit] Noun

banc m.

  1. bank (financial institution, branch of such an institution)
  2. bank (of a river of lake)

[edit] Declension

First declension

Bare forms:

Case Singular Plural
Nominative banc bainc
Vocative a bhainc a bhanca
Genitive bainc banc
Dative banc bainc

Forms with the definite article:

Case Singular Plural
Nominative an banc na bainc
Genitive an bhainc na mbanc
Dative leis an mbanc

don bhanc

leis na bainc

[edit] Mutation

Irish mutation
Radical Lenition Eclipsis
banc bhanc mbanc
Note: Some of these forms may be hypothetical. Not every
possible mutated form of every word actually occurs.

[edit] Derived terms


[edit] Old English

[edit] Etymology

Old English. Akin to Old English benc "bank, bench"

[edit] Noun

banc f.

  1. a bench
  2. an embankment, bank; hillock

[edit] Declension

[edit] Descendants

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