Legal glossary

Bank

Bank: A financial institution that accepts deposits and makes loans, chartered either by a state or by the federal government. Deposits at insured banks are protected by the Federal Deposit Insurance Corporation up to the standard maximum deposit insurance amount of $250,000 per depositor, per insured bank, for each account ownership category (12 U.S.C. § 1821(a)(1)(E)).

Bank — courthouse steps at golden hour

What bank means

Put simply, bank is part of the working vocabulary of a civil case. The short definition above covers the usual meaning. Still, a specific rule, statute or contract can give it a narrower meaning. For that reason, check how it is used in your own documents.

Where bank comes up

The term is used across many kinds of cases. For example, you may see it in pleadings, motions and court orders. To see it in context, browse the motions and procedures library or the Learn the Law topics.

How to research the term

First, read the term where it actually appears. A rule, statute or court decision may define it for its own purposes. Next, check whether your court has a local rule that uses bank in a special way. Then look at recent decisions from courts in your jurisdiction. They show how judges apply the term today. Also, remember that state law can differ from federal law. For that reason, use our state procedures guide to find your state’s rules. Finally, confirm every source is current before you rely on it.

You can read the current federal court rules online for free.

Related legal terms

  • Audit trail: a chronological record that allows a transaction to be traced from its source documents through each step of processing to final reports, showing who did what and when.
  • Authority: the legal power to act or decide, such as a court's authority to hear a case or an agent's authority to bind a principal. The word also means a legal source a court relies on, such as a statute, rule or prior decision.
  • Automobile: a self-propelled passenger vehicle designed for travel on roads. In law, an automobile is one kind of motor vehicle. Most statutes use the broader term "motor vehicle" and define it for their own purposes, so read the definition section of the law you are applying.
  • Bad faith: dishonest or improper purpose, such as intentionally misleading someone, acting with a motive to harass or delay, or knowingly refusing to meet an obligation.

Why precise terms matter

Courts read legal terms closely. As a result, knowing the exact meaning of a word helps you follow orders, rules and filings. Each glossary entry on Lawtopolis is short on purpose and links to the pages where the term is used.

Sources

Sources last reviewed: 2026-10-24

Lawtopolis provides legal information and education, not legal advice. Using this site does not create an attorney-client relationship. Laws and court rules vary by jurisdiction and change over time; verify every authority against the official source and consult a licensed attorney in your jurisdiction about your situation.