home banking Meaning of "home banking"

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Definition(s):

  • (n) banking in which transactions are conducted by means of electronic communication (via telephone or computer)

Usage(s):

  1. For these and some 60,000 other computer owners, electronic home banking, a long-promised technology, has finally come of age.
  2. Despite the convenience, home banking is still running into some serious customer resistance.
  3. With home banking, it is almost as easy for a citizen of Missouri to have an account with New York's Chemical Bank as it is for a Manhattan resident.
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apprehensive
/ˌæ prɪ ˈhɛn sɪv /