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בנקים — meaning in English: Banks

bankim · Learn this word with quizzes, examples and more on Maspeak.

Guess the translation for banks
אופיו
ofyo
בנקים
bankim
התבססו
hitbasesu
משלו
mishelo
עודנו
odenu
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neutral very common
Usage
Native Hebrew speakers commonly use the word 'בנקים' when discussing financial matters, such as in conversations about personal banking, loans, or investments. For instance, someone might say, 'אני צריך ללכת לבנק שלי כדי לפתוח חשבון' (I need to go to my bank to open an account). This term is frequently encountered in both casual discussions and professional financial contexts.
Synonyms & nuances
'בנקים' specifically refers to financial institutions that provide services such as accepting deposits and providing loans, whereas a word like 'מוסדות פיננסיים' (financial institutions) has a broader meaning that includes various entities like insurance companies and investment firms. Use 'בנקים' when specifically talking about banks to ensure clarity.
Culture
'בנקים' is derived from the Italian word 'banca,' which means 'bench,' a reference to the benches used by moneylenders in medieval markets. This word reflects the evolution of banking from informal money lending to a structured financial system. Interestingly, the modern banking system in Israel has roots in the British Mandate period, heavily influencing its current structure and operations.
FAQ
Q.What does 'בנקים' mean in English?
'בנקים' means 'banks' in English, referring to financial institutions that handle money transactions.
Q.How do you use 'בנקים' in a sentence?
You can use 'בנקים' in sentences like, 'הבנקים בישראל מציעים מגוון שירותים' (The banks in Israel offer a variety of services).
Q.Are there any common phrases that include 'בנקים'?
'בנקים' is often used in phrases such as 'בנק ישראל' (Bank of Israel) and 'מערכת הבנקאות' (banking system), which are essential for understanding financial discussions.
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