What are bankers hours slang? (2024)

What are bankers hours slang?

informal. a work day that is shorter than that of most businesses, typically between 10 am and 3 pm on Monday through Friday, the hours when banks used to be open: His business is doing so well he can just keep banker's hours.

What were traditional bankers hours?

a short working day, especially one that extends from 9 or 10 a.m. until 2 p.m., the hours during which banks were traditionally open to the public.

What does it mean to call someone a banker?

a person employed by a bank, especially as an executive or other official. Games. the keeper or holder of the bank.

What is the origin of banking hours?

The earliest known use of the noun bankers' hours is in the 1880s. OED's earliest evidence for bankers' hours is from 1889, in the Oregonian (Portland, Oregon). bankers' hours is formed within English, by compounding.

What does 24 banking hours mean?

Definition of 24-hour banking

self-service banking extending beyond normal banking hours by obtaining cash, making deposits, and transferring money between accounts at Automated Teller Machines.

Is banking hours legal in USA?

Why is banking hours illegal? While you won't find the term “banking hours” in federal labor laws, the Fair Labor Standards Act does state that “covered employees must be paid for all hours worked in a workweek.”

What is a typical day as a banker?

A typical day for an investment banker can involve long hours, with early mornings and late nights being the norm. The work can be fast-paced and intense, involving tasks such as financial modeling, analysis, research, client meetings, and presentations.

What does bonkers mean in slang?

adjectiveSlang. mentally unbalanced; mad; crazy.

Who can call themselves a banker?

Can anyone who works for a bank be called a banker? There is no rule against it. But finance is a vast industry with varied roles/responsibilities. People who work in finance use various terms to describe themselves, and those terms can sometimes denote the hierarchy of work in finance.

What does banker mean in casino?

A casino banker, often called a "supplier," is a pivotal figure accountable for managing the monetary factors of numerous table games. These professionals oversee the distribution of chips, collect wagers, and facilitate payouts.

Why is it called banking day?

Banking Day

A business day during which an office of a bank is open to the public for substantially all of its banking functions.

Why are bank hours 9 to 5?

Plenty of banks still do 9 to 5

There are 2 big reasons for this, says Terence Roche, a partner at Cornerstone Advisors, a financial services consulting firm: Extending bank hours is expensive. In many cases, longer hours probably don't generate additional transactions compared to standard hours.

What is the oldest bank in the world?

The oldest bank still in existence is Banca Monte dei Paschi di Siena, headquartered in Siena, Italy, which has been operating continuously since 1472.

Why are bankers hours short?

The origins of banker's hours date back to the prehistoric method of processing financial transactions. Originally, banks needed to shorten their hours in order allow for the laborious paperwork involved in processing and clearing checks, deposits and transfers.

What does banked hours mean in college?

Banked Hours

Full-time undergraduate students who are charged the flat rate and take fewer than 15 hours per semester may be able to bank hours to use in the summer. The hours a student has banked will automatically be used to reduce summer charges for tuition and mandatory hourly fees.

What is the midnight rule in banking?

The “midnight deadline,” with respect to a bank, is the Uniform Commercial Code's (UCC) adaptation of the adage, “Nothing good happens after midnight.” The midnight deadline rule imposes strict liability on a bank to return dishonored checks by or before midnight of the day after the item was presented for payment.

When did bankers hours end?

The idiom refers to the banking sector's traditional working hours, from 10 to 3 during the 1800s to the mid and late 1900s.

How many hours can you legally work in a week in the US?

There is no limit in the Act on the number of hours employees aged 16 and older may work in any workweek. The FLSA does not require overtime pay for work on Saturdays, Sundays, holidays, or regular days of rest, unless overtime is worked on such days. The Act applies on a workweek basis.

How many hours do Americans work a day?

Standard working hours in the USA are 8 hours per day from 9am to 5pm with a 30 minute lunch break. Although the standard work week is 40 hours long, American workers regularly exceed this weekly figure. Americans strongly identify with their jobs, as such, hard work and commitment to the employer is the norm.

Does a banker make a lot of money?

At a Glance: Salary & Jobs for Bankers

In terms of salary, the national median salary for bankers was reported to be $67,475. Additionally, when examining job demand, employers across the country posted 130,203 job postings related to positions for bankers.

How stressful is it to be a banker?

Banking is a demanding and competitive industry that can take a toll on your mental and physical health. Long hours, high expectations, tight deadlines, and constant changes can make you feel overwhelmed, stressed, and burned out.

Does being a banker pay well?

Bank jobs generally come with good compensation. With a banking job, you can be sure of a steady source of income with high salaries. Depending on the job, you can earn upward of $30,000 in an entry-level role. Many higher-level jobs provide salaries of over $150,000.

What is going gaga?

adjectiveInformal. excessively and foolishly enthusiastic: The public went gaga over the new fashions.

What does Chippie mean slang?

noun,plural chip·pies. Also chippie. Slang. a promiscuous woman. a prostitute.

What can I say instead of crazy?

Synonyms of 'crazy' in American English
  • ridiculous.
  • absurd.
  • foolish.
  • idiotic.
  • ludicrous.
  • nonsensical.
  • preposterous.
  • senseless.

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