Banking definition

Banking means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise.

Banking means the holding of compliance instruments from one compliance period for the purpose of sale or surrender in a future compliance period.

Banking means the process under which a generating station supplies power to the grid not with the intention of selling it to either a third party or to a licensee, but with the intention of exercising its eligibility to draw back this power from the grid.

Examples of Banking in a sentence

• If Mobile Banking is activated for your account(s), you will be required to use secure login information to access the account(s).

• Mobile Banking will be available for your convenience 24 hours per day.

• The Contractor shall establish/maintain a unique Banking Identification Number/Processor Control Number (BIN/PCN) number for the processing of pharmacy claims for the purpose of separating the Contractor’s third- party private pharmacy provider claims and CHIP claims from Medicaid claims.

• If Online Banking is activated for your account(s), you will be required to use secure login information to access the account(s).

• Facsimile No.: 000-000-0000 Telephone No.: 000-000-0000 To the Agent: HSBC Bank USA, National Association Commercial Banking Department 0000 Xxxxxx Xxxxxx Depew, New York 14043 Attn: Xxxxxx X.

More Definitions of Banking

Banking means: (i) developing, acquiring, importing, exporting, proliferating, maintaining, storing and distributing Original Material and Replicates on an international basis; and (ii) providing value-add services using Original Material and Replicates, in each case for a reasonable fee sufficient to cover costs of operations; provided however, that in no event does “Banking” include the use of Original Material and Replicates in human clinical testing or as human therapeutics;

Banking means any CPI Rent Adjustment (or any rent adjustment formerly known as the Annual Permissible Rent Increase) the owner chooses to delay imposing in part or in full, and which may be imposed at a later date, subject to the restrictions in the regulations.

Banking of instructional time Schools sometimes extend the student instructional day in order to get blocks of time for school-specific activities. By extending the instructional day, schools meet state requirements concerning instructional time. This provides time when students are excused from school so that staff can have time for professional development, in-service, training etc. It is the Instructional Council’s responsibility to: • Decide in collaboration with the whole staff whether or not to bank time; • Work collaboratively with the whole staff to decide the content of the professional development and the date or dates it will be held.

Banking means the business of receiving deposits, making loans, discounting commercial paper, issuing drafts, traveler's checks, and similar instruments, handling and making collections, cashing checks and drafts, and buying and selling exchange.

Banking means a system for recording emission reduction credits so that they may be used or transferred in the future.

Banking means the reservation of creditable emission reductions, pursuant to N.J.A.C.

Banking shall have the meaning assigned to such term in Section 1.5.