Bank note definition8/1/2023 Blake, “A banker is a private person who keeps a bank one who is engaged in the banking business.”įrom the above definition, we can find the following characteristics of a banker:. Hart states, “A banker or a bank is a person or a company/carrying on the business of receiving money, and collecting drafts, for customers.”Īccording to John Bouvier, “A banker is one engaged in the business of receiving other person money in deposit, to be returned on demand discounting other persons’ notes, and issuing his own for circulation.”Īccording to Richmond V. A banker is a person who is doing banking activities or business.ĭifferent Authors and Economists have given some structural and functional definitions of Banker from different angles:-ĭr. In a broad sense, a banker conducts the business of banking. Who is a Banker? Definition of BankerĪ banker is an officer of a bank. or a building where these services are offered.
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