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What Do Banks Do?

149,608 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

91%
  • 4:08 / 4:32

Speech Rate:

  • 149 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

million

/ˈmilyən/

number

1,000,000.

transform

/tran(t)sˈfôrm/

noun verb

product of transformation. make thorough or dramatic change in form.

borrowers

/ˈbärōər/

noun other

person that takes something with the intention of returning it. People or companies that borrow things.

evaluate

/əˈvalyəˌwāt/

verb

form idea of amount, number, or value of.

interact

/ˌin(t)ərˈakt/

verb

To talk or do things with each other.

institutions

/ˌinstəˈt(y)o͞oSH(ə)n/

noun other

organization founded for purpose. Organizations created for a certain cause, purpose.

charging

/CHärj/

noun verb

Putting electricity into a battery. To ask for money as a price for a service or goods.

valuable

/ˈvaly(o͞o)əb(ə)l/

adjective noun

worth great deal of money. thing that is of great worth,.

attract

/əˈtrakt/

verb

To make something move closer using magnetic force.

something

/ˈsəmˌTHiNG/

adverb pronoun

used for emphasis with following adjective functioning as adverb. Thing that is not yet known or named.

deposits

/dəˈpäzət/

noun other verb

sum paid into bank. Natural laying down of layers over time. To place or put something down in a certain place.

interest

/ˈint(ə)rəst/

noun verb

Best or most advantageous thing for someone. To persuade to do, become involved with something.

savings

/ˈsāviNG/

noun other

economy of or reduction in money, time. Money people keeps as a reserve.

different

/ˈdif(ə)rənt/

adjective

Not of the same kind; unlike other things.

quality

/ˈkwälədē/

noun

High level of worth or excellence.

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