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time bank. In DICTIOUS you will not only get to know all the dictionary meanings for the word
time bank, but we will also tell you about its etymology, its characteristics and you will know how to say
time bank in singular and plural. Everything you need to know about the word
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English
Alternative forms
Noun
time bank (plural time banks)
- A system for reciprocal volunteering that uses time as the unit of currency.
2000, Edgar S. Cahn, No More Throw-away People, →ISBN, page 215:Thanks to the Time Bank launched there in 2000, patients can now be prescribed if appropriate - not just with the usual pharmacological armoury - but with a friendly visit once a week, or a lift to the shops, or small repairs at home.
- (Canada) A system in which an employer keeps track of overtime hours that can later be redeemed as either money or as time off with pay.
2005, Theo Anne Opie, HR for Controllers:In British Columbia, where an employee requests it in writing, and employer may establish a time bank for the employee and credit overtime wages to the time bank instead of paying them to the employee.
- (poker) A player's allotment of additional time in online poker games.
Related terms
Translations
a system of reciprocal volunteering