Question

what is a bank?

the term bank is derived from Italian word "banco" or from a French word "banque",both mean a "bench" or money exchange table​

Answer 1

Answer:

A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.

Answer 2

Answer:

The term bank is either derived from Old Italian word banca or from a French word banque both mean a Bench or money exchange table. ... The early bankers, the Jews in Lombardy, transacted their business on benches in the market place.