Banking practitioners and other individuals must understand words and phrases that are used in relation to or while processing financial services, transactions, requests, or in managing banking relationships. Indeed, everyone needs to understand the terms used in banking to be able to evaluate banking services, offerings, and transactions in critical ways. The need to do so is underscored by the fact that some of the words and phrases may have gain or loss implication in particular banking situations, transactions, or relationships. Besides, with sound understanding of banking words and phrases, people will be in a position to objectively assess claims in financial services which banks package, offer, or deliver to them. Such understanding could be one of the ways to achieve mutually beneficial relationships to which banks and their customers aspire. There is a tendency among authors to present words and phrases relating to finance, investment, money and banking in one dictionary text. That approach would be expedient, especially for reference purposes, if it provides a comprehensive coverage of words and phrases used in all of those fields. In this dictionary, I focused largely on banking words and phrases. Doing so, my expectation is that the dictionary should be comprehensive enough to serve as an effective handbook for practising bankers and fulfil their professional banking reference needs. However, in putting together the dictionary, I ensured that it should also be relevant to everyone who has anything to do with banking, banks, or banking relationship. Yet, it will be of immense value to students, especially those in institutions of higher learning. Perhaps the greatest appeal of this dictionary is in simple definition and presentation of entries. Its users will also find that entries in the dictionary cover a broad range of clearly defined words and phrases that constitute the banking vocabulary - from the academic to the practical, and from the formal to the colloquial. There are also practical example sentences which further illustrate meanings of the entries. I need mention at once that most of the entries are largely peculiar to banking in developing economies. Many of the words and phrases especially reflect the conventional and emerging language of banking in Africa. These attributes make A New Basic Dictionary of Banking more adaptable to banking purposes in developing countries.