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The word 'quasi' is an adjective that describes something as resembling or having some resemblance usually by possession of certain attributes; as though: just as valid in law as if actual; almost but not quite: resembling somebody or something in some ways, but not exactly the same.

A quasi-bank has the rules and objectives of that are the same as a bank, but is only in effect to someone (a group) who has agreed or joined this agreement, as a bank, but to do business for the public.

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10y ago

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