Bank

A big, bad, proletariat-munching behemoth without which the industrial revolution could not have happened and which is therefore an operating cause of your iPhone, you horrid little anti-capitalist ingrate.

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ →Go uptown A monstrous oppressor of the proletariat squirrelling away the sweat and tears of your toil, yesterday Index — Click the ᐅ to expand: Glossary Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Known more politely — but tediously — in the EU as a credit institution under European law, to which the United Kingdom may not be subject for much longer, which basically boils down to being a “bank domiciled in the EU” (which UK banks may not be for much longer).

Banks can come in all shapes and sizes, every one of which is calculated to make wide-eyed, revolutionary, sociology students cross.

The best kind is an investment bank, obviously.

See also

• Investment bank
• Commercial bank
• Broker/dealer
• World-wide anti-capitalist riots of 2015. Yes, that’s right. It’s a broken link. There is no article about the goddamn anti-capitalist riots.