Definition: The word 'bank' refers to a financial institution or business entity that provides financial services, typically through a physical structure or digital means. The term 'antibank' is often used in context to refer to an organization or individual that does not have direct access to banking institutions (banks) and operates independently from traditional banking systems. It suggests they offer alternative solutions, such as peer-to-peer lending or online savings accounts, while still maintaining control over the funds and resources they use for operations.
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