Bank of Mom and Dad

The "Bank of Mom and Dad" is a humorous expression for a parent lending (or giving) money to a child. The Bank of Mom and Dad is often a necessary place to go for a young person with no…

Bank Speak

"Bank speak" is bank lingo that bankers understand, but many customers don't. "Bank speak" has been cited in print since at least 1983. "Bank speak" was…

Bankers’ Hours

Traditionally, a bank's hours have been short, such as from 10 a.m. to 3 p.m. The hours have almost never extended to the late afternoon or early evening, or on the weekends. To work…

Bankocracy

Entry in progress -- B.P. Workers.orgFinancial ruin at Drysdale and Penn SquareJuly 20, 1982(...)Almost all the big banks of the Northeast, which is the citadel of the U.S. and world bankocracy,…