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Non-bank

Definition
a financial institution which is not a commercial bank according to the official definition (so an institution which only makes loans, and does not take deposits does not fall within the official definition of a bank and is not subject to the same regulations) nouna financial institution which is not a commercial bank according to the official definition (so an institution which only makes loans, and does not take deposits does not fall within the official definition of a bank and is not subject to the same regulations)

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