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<h1>Banking Defined: Financial Services Involving Deposits, Investments, Loans, Exchanges, and Fund Transmission Under Regulatory Oversight</h1> A comprehensive legal definition of 'banking' drawn from authoritative dictionaries like Oxford and Black's Law Dictionary. Defines banking as a financial service involving money deposit, investment, loan issuance, currency exchange, and fund transmission. Encompasses financial institutions operating under federal or state regulations, focusing on deposit-taking, fiduciary powers, and supervision by banking authorities.