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interbank

Syllabification: in·ter·bank
Pronunciation: /ˈin(t)ərˌbaNGk
 
/

Definition of interbank in English:

adjective

[attributive]
Agreed, arranged, or operating between banks: trading opportunities in the interbank market
More example sentences
  • The current credit boom is dependent on state bank lending to regional and local banks through the interbank market.
  • They may borrow through the interbank market from other banks that have excess liquidity.
  • This they said would enable the market to smooth out wild interest rate fluctuations currently being experienced in the local interbank money market.

Definition of interbank in:

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Word of the day orthoepy
Pronunciation: ˈɔːθəʊɛpi
noun
the correct or accepted pronunciation of words