Unbanked

uhn-bankt

Adjective

formal english definition

Not served by any bank or financial institution.

EXPLAIN LIKE I'M 5-YEARS-OLD (ELI5) definition

Unbanked means people who do not own a bank account.

COMPREHENSIVE definition

Unbanked refers to individuals not served by a bank or any similar financial institution. This is usually involuntary due to having insufficient access or opportunities to such services.

Other local languages
Tagalog definition

Hindi pinaglilingkuran ng kahit na anong banko o institusyon pampinansyal.

Cebuano definition

Wala giserbisyohan sa bisan unsang bangko o institusyong pinansyal.

Ilocano definition

Haan nga pagserserbiyan ti uray ania nga banko wennu institusyon iti pinansyal.