A bank is a place where money can be saved or loaned out from. Someone's money can be placed in the bank for safe keeping. Or the bank can give out loans to people for an agreement to pay the bank back at a later time, usually with interest. The people who run a bank are called bankers.

Banks also can use the money they have from deposits to invest in businesses in order to make more money.

In the most of modern world a bank settled by the government but independent on the state administratives controls how much money appear at a time. Such kind of bank is called the national bank. A national bank ordinary issues bills and/or coins. In some country issuing money is a task of the government.

The word bank comes from an Italian word banco, meaning a bench, since Italian merchants in the medieval talked on borrowing and lending money between each others beside a bank and money was placed on that bank.

Money

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