cin4 zong1錢莊钱庄

Jyutpingcin4 zong1
Yalechìhn jōng
名詞

Definition

An old-style bank or an unlicensed financial institution.

  1. datedan old-style Chinese bank from the pre-regulatory era
  2. an unlicensed financial institution
colloquialmoney

How it's used

Modern usage of this term is almost exclusively restricted to the phrase 地下錢莊, which refers to unlicensed, illegal financial operations. Using it to describe a legitimate modern bank sounds archaic or implies that the institution is operating outside the law. It carries a strong historical connotation of private, unregulated money lending or currency exchange houses from the pre-modern era.

Measure word

gaan1gān

Examples

People in the past liked to deposit their money in old-style banks.

Common phrases

Common mistake

Do not use this to refer to a modern bank, as it will sound like you are accusing the bank of being an illegal, underground operation.

Grammar color guide

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