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

• You'll need to use these security details to login to the Oxbury App or Oxbury Online Banking.

• You may use the Online Banking Service to view your account activity or you may contact us at 0.000.000.0000 if you have questions.

• Making payments The Grantee must ensure that the Grant is held in an account in the Grantee’s name and which the Grantee controls, with an authorised deposit-taking institution authorised under the Banking Act 1959 (Cth) to carry on banking business in Australia.

• If the Customer wishes to close its last Bank Account with the Bank, the Customer shall submit Orders for the sale of its existing positions and transfer any available funds from the Investment Account to the Customer’s personal Bank Account with the Bank via Mobile Banking, prior to closing its last Bank Account.

• For the purpose of promptness and subject to the provisions below, the Customer may send a notice to the Bank via the Investment Module, Financial E-Mail, Mobile Banking or other operational means established by the Bank, provided that within a reasonable period of time (but not later than 5 (five) Banking Days) after the Bank's request, the Customer shall submit the notice to the Bank in a written form.

More Definitions of Banking

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 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 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 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 surplus green energy injected in the grid and credited with the distribution licensee by the Green Energy Open Access consumers and that shall be drawn along with charges to compensate additional costs; if any;

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.