overbankedadj.
/ˌəʊvəˈbaŋ(k)t/, U.S. /ˌoʊvərˈbæŋ(k)t/ Finance.
Of a place: provided with an excessive number of banks or banking facilities.
ΚΠ
1929 Contrib. Canad. Econ. 2 106 Canada..has to-day more banking offices per capita than the majority of other countries, though they are fewer than in 1920 when the country was obviously in an overbanked condition.
1966 Economist 18 June p. xxxiii/1 It has reduced its branches in Scotland, which is more overbanked than England.
1986 Business Rev. Weekly 25 July 115/3 Most countries are over-banked. There are too many institutions searching for niches and chasing limited business at poor spreads and margins.
This entry has been updated (OED Third Edition, December 2004; most recently modified version published online March 2022).
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adj.1929- block shot
- block signal
- block signal system
- block stone
- block storage heater
- block storage heating
- block system
- block telegraph
- block test
- block tin
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- block trader
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- block train
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- block up
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- block voting
- block watch
- block watch committee
- block watch meeting
- block welding
- block working
- block-book