Definition, Meaning & Synonyms
debank
verb
/diːˈbæŋk/
Definition
To remove funds or assets from a bank or financial institution.
Examples
- After the financial crisis, many individuals decided to debank their savings.
- He was advised to debank his investments in order to diversify.
- Some investors choose to debank during periods of economic uncertainty.
Meaning
The act of withdrawing or taking away deposits or investments from a bank.
Synonyms
- Withdraw
- Remove funds
- Disinvest
