underbanked
underbanked adjective: having inadequate access to financial services or formal banking facilities.
Adjective
underbanked (comparative more underbanked, superlative most underbanked)
- Having inadequate access to financial services or formal banking facilities.
- In some contexts, the fact that the unbanked or underbanked individuals use fringe banking services is a matter of some considerable concern since they tend to be associated with exorbitant costs and unfair conditions.2007, Luisa Anderloni, Maria Debora Braga, Emanuele Maria Carluccio, New Frontiers in Banking Services, page 15
- According to a 2004 report by the Federal Deposit Insurance Corporation, the “rapid growth of the underbanked Hispanic market suggests a new growth opportunity for many institutions.”2008 March 8, Liz Galst, “Banks Springing Up to Serve the Underserved”, in New York Times
Forms of underbanked
| comparative | more underbanked |
|---|---|
| superlative | most underbanked |
Origin of underbanked
From under- + banked.
Questions about underbanked
- What does underbanked mean?
- Underbanked means having inadequate access to financial services or formal banking facilities.
- What part of speech is underbanked?
- Underbanked is an adjective.
Words near underbanked in the dictionary
Source and license
Adapted from Wiktionary: underbanked (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Pronunciation audio from Wikimedia Commons, each file under its own free license: LL-Q1860 (eng)-Flame, not lame-underbanked.wav.
Cite this entry: “underbanked.” Word.ws, https://word.ws/underbanked. Based on Wiktionary, CC BY-SA 4.0.