This is the 8413th most frequent Swedish word.
banktillstånd
Authorization or license for a bank to operate.
The term 'banktillstånd' here refers to an official permit or license required for a bank to operate, emphasizing its legal and regulatory aspect.
Banken hade fått sitt banktillstånd återkallat.
The bank had its banking license revoked.
In this sentence, 'banktillstånd' is used to describe the necessary authorization prospective institutions must obtain to engage in banking activities.
För att starta ett nytt kreditinstitut behövdes ett banktillstånd.
To start a new credit institution, a banking license was required.
Here, 'banktillstånd' signifies the permit awarded upon successfully fulfilling legal and regulatory requirements for banking operations.