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  1. #1
    michael147 is offline Member
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    Default "businesses", what do they mean here?

    Forcing banks to subsidiarise makes lots of sense for regulators, particularly in the case of retail banks that are essentially local anyway.
    For big capital-markets businesses, however, it may lead to higher funding costs, trapped pools of capital
    and a loss of diversification benefits if banks cannot shift capital from healthy businesses to troubled ones.

    "businesses", what do they mean here? companies or business activity?

    Your help will be appreciated.

  2. #2
    charliedeut's Avatar
    charliedeut is offline VIP Member
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    Default Re: "businesses", what do they mean here?

    IMO, "businesses" here means "companies", "firms", or even "banks".

    charliedeut
    Please be aware that I'm neither a native English speaker nor a teacher.

  3. #3
    Tdol is offline Editor, UsingEnglish.com
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    Default Re: "businesses", what do they mean here?

    I agree.

  4. #4
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    Raymott is offline VIP Member
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    Default Re: "businesses", what do they mean here?

    Quote Originally Posted by michael147 View Post
    "businesses", what does it mean here? companies or business activity?
    "businesses" is a word, one word. It takes a singular verb. You're not asking about businesses, but about a word.
    What do "businesses" mean?" - wrong.
    What does "businesses" mean?" - right.

  5. #5
    charliedeut's Avatar
    charliedeut is offline VIP Member
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    Default Re: "businesses", what do they mean here?

    Quote Originally Posted by Raymott View Post
    "businesses" is a word, one word. It takes a singular verb. You're not asking about businesses, but about a word.
    What do "businesses" mean?" - wrong.
    What does "businesses" mean?" - right.
    Missed that
    Please be aware that I'm neither a native English speaker nor a teacher.

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