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parabancario

para-banking

adjective pah-rah-ban-KAH-ryoh Rare
People & Society Money

Usage Note

Parabancario describes financial services or entities that operate alongside or adjacent to traditional banks — such as leasing companies, factoring firms, or credit intermediaries — without themselves being licensed banks. It is a technical term used in Italian financial and regulatory contexts.

Examples

"Il settore parabancario è in crescita."

Natural Translation

The para-banking sector is growing.

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