Meaning of “unbanked” in the English Dictionary

"unbanked" in Business English

See all translations

unbankedadjective

uk /ˌʌnˈbæŋkt/ us BANKING

without a bank account:

The percentage of unbanked households is very high among recent immigrants.

the unbankednoun [ plural ]

uk us BANKING

people who do not have bank accounts:

The unbanked often use expensive cheque-cashing services.

(Definition of “unbanked” from the Cambridge Business English Dictionary © Cambridge University Press)