Math Definitions - Letter B
Chapters
Definition of Bank
Definition of Bank
Banks are institutions that look after the money belonging to people and companies, offer loans and provide other financial services such as insurance and superannuation.
In Australia, banks are backed by the Reserve Bank and have to follow rules set down by the government.
The main goal of a bank is to make a profit for its shareholders.
Description
The aim of this dictionary is to provide definitions to common mathematical terms. Students learn a new math skill every week at school, sometimes just before they start a new skill, if they want to look at what a specific term means, this is where this dictionary will become handy and a go-to guide for a student.
Prerequisites
None
Audience
Year 1 to Year 12 students
Learning Objectives
Learn common math terms starting with letter B
Author: Subject Coach
Added on: 4th Dec 2017
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