nonbank
English
Etymology
Adjective
nonbank (not comparable)
- Not a bank
- Many mortgages originate with nonbank lenders.
- 2025 February 10, CRA Staff, “Primer: The CFPB Should Be Shut Down”, in Center for Renewing America[1]:
- CFPB also went after a Chicago-based nonbank mortgage firm, Townstone Financial, for supposed discrimination and to effectively censor the owner’s speech.
Noun
nonbank (plural nonbanks)
- An institution, especially a financial institution, which is not a bank
- 2007 September 30, “Things Go Better With Rules”, in The New York Times[2]:
- Loan-making standards need to be subject to regulatory scrutiny, both at banks and nonbanks.