Definition, Meaning & Synonyms
psb
noun
/piːɛsˈbiː/
Definition
PSB is a term often used to refer to a ‘Public Sector Bank’ in financial contexts or can denote ‘Personal Software Backup’ in technology.
Examples
- A PSB typically offers lower interest rates on loans compared to private banks.
- He used a PSB to store all of his important software data safely.
Meaning
In the context of banking, ‘psb’ represents financial institutions that are owned by the government and provide services like savings accounts, loans, and deposits. In technology, it refers to the practice of creating backups for personal software applications to prevent data loss.
Synonyms
- Public Sector Bank (for banking context)
- Personal Software Backup (for technology context)
