Part 517

3. A fund from deposits or contributions, to be used in transacting business; a joint stock or capital. [Obs.]

Let it be no bank or common stock, but every man be master of his own money. Bacon.

4. (Gaming) The sum of money or the checks which the dealer or banker has as a fund, from which to draw his stakes and pay his losses.

5. In certain games, as dominos, a fund of pieces from which the players are allowed to draw.

Bank credit, a credit by which a person who has given the required security to a bank has liberty to draw to a certain extent agreed upon. -- Bank of deposit, a bank which receives money for safe keeping. -- Bank of issue, a bank which issues its own notes payable to bearer.

Bank, v. t. To deposit in a bank. Johnson.

Bank, v. i. 1. To keep a bank; to carry on the business of a banker.

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2. To deposit money in a bank; to have an account with a banker.

Bank"a*ble (bk"*b'l), a. Receivable at a bank.

Bank" bill` (&?;). 1. In America (and formerly in England), a promissory note of a bank payable to the bearer on demand, and used as currency; a bank note.

2. In England, a note, or a bill of exchange, of a bank, payable to order, and usually at some future specified time. Such bills are negotiable, but form, in the strict sense of the term, no part of the currency.

Bank" book` (&?;). A book kept by a depositor, in which an officer of a bank enters the debits and credits of the depositor's account with the bank.

Bank"er (&?;), n. [See the nouns Bank and the verbs derived from them.] 1. One who conducts the business of banking; one who, individually, or as a member of a company, keeps an establishment for the deposit or loan of money, or for traffic in money, bills of exchange, etc.

2. A money changer. [Obs.]

3. The dealer, or one who keeps the bank in a gambling house.

4. A vessel employed in the cod fishery on the banks of Newfoundland. Grabb. J. Q. Adams.

5. A ditcher; a drain digger. [Prov. Eng.]

6. The stone bench on which masons cut or square their work. Weale.

Bank"er*ess (&?;), n. A female banker. Thackeray.

Bank"ing, n. The business of a bank or of a banker.

Banking house, an establishment or office in which, or a firm by whom, banking is done.

Bank" note` (&?;). 1. A promissory note issued by a bank or banking company, payable to bearer on demand.

In the United States popularly called a bank bill.

2. Formerly, a promissory note made by a banker, or banking company, payable to a specified person at a fixed date; a bank bill. See Bank bill, 2. [Obs.]

3. A promissory note payable at a bank.

Bank"rupt (&?;), n. [F. banqueroute, fr. It. bancarotta bankruptcy; banca bank (fr. OHG. banch, G. bank, bench) + rotta broken, fr. L. ruptus, p. p. of rumpere to break. At Florence, it is said, the bankrupt had his bench ( i.e., money table) broken. See 1st Bank, and Rupture, n.] 1. (Old Eng. Low) A trader who secretes himself, or does certain other acts tending to defraud his creditors. Blackstone.

2. A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person. M&?;Culloch.