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Answer for the clue "It involves checks and balances ", 7 letters:
banking

Alternative clues for the word banking

Word definitions for banking in dictionaries

Wiktionary Word definitions in Wiktionary
n. 1 The business of managing a bank. 2 The occupation of managing or working in a bank. vb. (present participle of bank English)

Douglas Harper's Etymology Dictionary Word definitions in Douglas Harper's Etymology Dictionary
"business of a banker," 1735, verbal noun from bank (v).

Longman Dictionary of Contemporary English Word definitions in Longman Dictionary of Contemporary English
noun COLLOCATIONS FROM OTHER ENTRIES electronic banking Internet banking Internet shopping/banking ▪ The new regulations will increase customer confidence in Internet shopping. ▪ Internet banking saves customers a lot of time. online banking telephone banking ...

WordNet Word definitions in WordNet
n. engaging in the business of banking; maintaining savings and checking accounts and issuing loans and credit etc. transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.

Usage examples of banking.

Martin Maeder, executive vice president in charge of private banking, and last, close behind but a continent apart, an unknown gentleman, tall and reed thin, clutching a battered leather briefcase.

While the secrecy afforded our valued clients remains paramount to the Swiss philosophy of banking, a decision has been made to voluntarily comply with the demands of our federal government, the wishes of our citizens, and the requests of the international authorities.

The grand majority of the one hundred seventy thousand employed by the Swiss banking industry chose to remain comfortably silent.

When Medusa was fully up and running, USB would be able to conduct her private banking the old-fashioned way: privately.

The finance department was lagging behind commercial banking but was ahead of trading.

Allen Soufi, a private banking client, whose every visit occasioned a stern afterword.

Such actions constitute a violation of the most fundamental of banking laws.

Mevlevi, the Pasha, whoever, is a major heroin smuggler and he does his banking at USB.

The Cayman Islands, the Bahamas, and the Netherlands Antilles each provided sophisticated banking services catering to the harried businessman in need of a secure hiding place for funds spirited from under the blind eyes of a trusting partner or the vengeful maw of a wronged spouse.

When deciding where to deposit these newly gotten gains, more than a few educated heads turned toward the far-off safety of Switzerland and to the private banking division of the United Swiss Bank.

USB would cut costs by offering early retirement and firing nonessential staff, up efficiency through increased computerization, create a merchant banking division, and expand its trading operations.

Soufi was a private banking client, a guy who maintained a numbered account with the bank.

And, of course, there was mention of new private banking clients, always by name, always accompanied by a meticulously completed client information sheet.

Should you, however, wish to deposit your funds in Switzerland, we would be more than happy to assist your banking needs.

Why would he leave his safe haven in Beirut and risk arrest to straighten out a banking problem that could just as easily have been remedied by someone here?