overbankingn.1
/ˌəʊvəˈbaŋkɪŋ/, U.S. /ˌoʊvərˈbæŋkɪŋ/ Finance.
The excessive provision of banks or banking facilities; the granting of charters to an excessive number of banks, esp. when this results in bank failures.
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1829 N. Amer. Rev. July 37 We are not hostile to credit and banks... But we should be happy to contribute to discountenance overbanking and a too adventurous enterprise.
1856 M. W. Cluskey Buchanan & Breckinridge 11/1 The public deposits..would have tempted the bank to engage in still wider speculations. The overbanking and overtrading of 1836, which were conducted under its auspices, would have become still greater.
1888 Q. Jrnl. Econ. 2 321 The crisis of 1857 was an unusually simple case of activity, speculation, over-banking, panic, and depression.
1935 Jrnl. Business Univ. Chicago 2 309 A unified banking system operating under federal control..would facilitate the prevention of overbanking resulting from lax and competitive chartering.
1962 Q. Jrnl. Econ. 76 247 According to this view, overbanking raises the failure rate because it results in excessive competition and inadequate markets.
1995 Admin. Sci. Q. 40 119 The trend toward a general reduction in the number of banks in Italy,..to alleviate problems of overbanking inherited from the financial crises of the 1920s and 1930s.
This is a new entry (OED Third Edition, December 2004; most recently modified version published online March 2022).
overbankingn.2
/ˌəʊvəˈbaŋkɪŋ/, U.S. /ˌoʊvərˈbæŋkɪŋ/ 1. Watchmaking and Clockmaking. The action of overbank v.1 1.
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the world > time > instruments for measuring time > clock > [noun] > part(s) of > action of
overbanking1881
guard action1884
shutting off1884
1881 F. J. Britten Watch & Clockmakers' Handbk. (ed. 4) 71 There is no fear of overbanking, which is often observed after careless winding.
1912 Horological Jrnl. 54 100/1 If the banking is not properly adjusted,..instead of normally completing its vibration and being brought back by the force of the hairspring the balance may go too far, allowing the point of a scape tooth to slip over the wrong lip of the cylinder, when it will become locked there, the balance cannot return, and the watch stops. This is known as ‘overbanking’.
1961 H. B. Fried Watch Repairer's Man. (ed. 2) xiv. 221 When overbanking exists, the roller jewel on its return does not enter the fork slot.
1999 E. Bruton Collector's Dict. Clocks & Watches 200 Over-banking, fault in a lever escapement which results in the ruby pin passing to the wrong side of the fork, which stops the watch.
2. Aeronautics. The action of overbank v.1 2.
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society > travel > air or space travel > specific movements or positions of aircraft > [noun] > attitude in relation to line of travel > lateral inclination when turning > excessive
overbanking1915
overbank1919
1915 Techn. Rep. Advisory Comm. Aeronaut. 1914–15 307 (heading) Objections to extreme overbanking.
1919 A. Conan Doyle Black Doctor i. 12 He started a debate as to what will be the most permanent danger which airmen will have to encounter. Having listened to successive opinions as to air-pockets, faulty construction, and over-banking, he ended by..refusing to put forward his own views.
1921 Sci. Amer. 15 Oct. 275/3 The side-slip—a lateral movement of a plane caused by overbanking or by underbanking—is measured.
This entry has been updated (OED Third Edition, December 2004; most recently modified version published online March 2022).
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