Het banksysteem
Example: Het banksysteem speelt een belangrijke rol in onze economie.
Definition
"Het banksysteem" refers to the network of banks and financial institutions that manage money, provide loans, and facilitate financial transactions within an economy. It plays a crucial role in supporting economic stability and growth by handling deposits, credit, and payment services.
Etymology
The term "het banksysteem" combines the Dutch words 'bank,' meaning a financial institution for money handling, and 'systeem,' meaning system or network. The word 'bank' comes from the Italian 'banca,' referring to a bench used by money changers in medieval times. Did you know? The word 'system' derives from the Greek 'systēma,' meaning a whole made of several parts.
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"Het banksysteem" appears in the Vocaplus list "Dutch - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the banking system