Meaning of the word banking in English

What does banking mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

banking

US /ˈbæŋ.kɪŋ/
UK /ˈbæŋ.kɪŋ/
"banking" picture

Noun

the business of operating a bank, especially of keeping money in accounts and lending it to customers

Example:
Online banking has made managing finances much easier.
He works in banking, specializing in corporate finance.