Definition of unbanked in English:

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Pronunciation: /ʌnˈbaŋkt/


Not having access to the services of a bank or similar financial organization: we know from our own research that there are still 250,000 people in the country who are unbanked (as plural noun the unbanked) the unbanked miss out on the convenience, security, and wealth-building opportunities that financial institutions offer
More example sentences
  • If the government steps aside, a free market will continue to reach out and draw the unbanked into the financial mainstream.
  • The FDIC program demonstrates that unbanked Latin American immigrants can be brought into the financial mainstream.
  • These branches will afford the unbanked population with affordable minimum bank balance accounts that currently are unobtainable from most commercial banks.

For editors and proofreaders

Line breaks: un|banked

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