Definition of underbanked in English:

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Pronunciation: /ˌəndərˈbaNGkt/

Entry from US English dictionary


1(Of an area) with insufficient banks to meet market demand.
Example sentences
  • The lure of the region is that the area is seriously underbanked, especially on the retail side.
  • And markets like this country's are still significantly underbanked, so there is much growth potential.
  • Do you still see the ‘unbanked’ and ‘underbanked’ as your primary target?
1.1(Of consumers) lacking full use of banking facilities.
2(Of an investment issue) not adequately underwritten by financing institutions.

For editors and proofreaders

Syllabification: un·der·banked

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