paying bank Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “paying bank” in the English Dictionary

"paying bank" in Business English

See all translations

paying banknoun [C]

uk   us   (also paying banker)
BANKING, FINANCE the ​bank of the ​person or ​company that has written a cheque, that has to ​pay the ​amount written on it: A ​payingbank is under no ​obligation to ​pay a ​forgedchequeeven though it is ​supported by the bank's ​guaranteecard.
(Definition of paying bank from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of paying bank?
Add Cambridge dictionaries to your browser to your website
Word of the Day

chestnut

a large tree with leaves divided into five parts and large round nuts that can be eaten

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More