Meaning & use

big bank

noun·Advancedinformalfinance

Last updated

UK/ˌbɪɡ ˈbæŋk/
US/ˌbɪɡ ˈbæŋk/

Meanings

  1. nouncountableinformalfinance

    A very large bank, especially one of the few that dominate a country's or the world's banking industry.

    Grammar: Countable: use 'a big bank' for one, and 'big banks' for several.

    Patterns

    • a big bank
    • the big banks
    • one of the big banks

    After the merger, the company became one of the big banks in the region.

    Small local lenders often struggle to compete with the big banks on fees.

    She worked for a big bank in the city before starting her own business.

  2. nouncountableinformalfinance

    A bank that has a lot of money, branches, or influence compared with others.

    Grammar: Countable and often used with 'a' or in the plural to talk about several such institutions.

    Patterns

    • a big bank
    • big banks

    The new regulations were designed to make big banks safer.

    He moved from a small credit union to a big bank for a higher salary.

    The big banks reported record profits last year.

Word forms

pluralbig banks

Common combinations

one of the big banks
She used to work for one of the big banks in London.
big bank profits
Big bank profits rose sharply after the rate increase.
a big bank merger
The big bank merger created the largest lender in the country.
the big banks
The government asked the big banks to lend more to small firms.

Synonyms and how they differ

major bank
More neutral and formal than 'big bank'; common in news reports and official documents.
large bank
A plain, descriptive term used in business writing, without the informal tone of 'big bank'.
megabank
Stronger and more informal; suggests a bank of enormous size, often used critically.

Opposites

small bankcommunity bank

Word family

banking noun
The business or activity of operating a bank.
banker noun
A person who works in or manages a bank.
bank noun
A financial institution that holds money and makes loans.

Commonly confused: big bank or big bang?

big bank vs big bang

Sounds similar but means a major explosion or the theory about the origin of the universe, not a financial institution.

Practice

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