Bank

A for-profit financial institution that handles money and is chartered by a state or by the federal government.

Banks offer a bunch of financial services to customers. Want a loan to buy a house or start a business? You're going to be heading to a bank. Need a bank account so  you can go on a spending spree at Forever 21? You need a bank for that. Banks charge you fees for all that they do. They also take any money you put in your accounts and invest it to make even more money. That may be one reason why the biggest banks in the U.S.—including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo—have more than a trillion dollars each in assets.

Yowza.