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banking company vs financial institution

financial institution vs banking company

banking company and financial institution both are nouns.

Word NounAdjectiveVerbAdverb
banking company Yes No No No
financial institution Yes No No No
As nouns, financial institution is a hypernym of banking company; that is, financial institution is a word with a broader meaning than banking company:
  • banking company: a financial institution that accepts deposits and channels the money into lending activities
  • financial institution: an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
Other hypernyms of banking company include financial organisation, financial organization.
banking company (noun) financial institution (noun)
a financial institution that accepts deposits and channels the money into lending activities an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
Difference between banking company and financial institution

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