The Meaning and Origin of Bank

Bank is an organization, generally a corporation, allowed by a state or a federal government, which does most or all of the following: get demand deposits, trusts instruments drawn on them, and pays interest on them; discounts notes, gives loans, and invests in securities; saves checks, drafts, and notes; approves depositor's checks; and issues drafts and cashier's checks.

Background of Banking

Man did not forget about the security of his money from the started of civilization. He also tried to keep security  and peace for him. Bank may be emerged from invention, keeping and savings of money that can withdraw at his own need.