Adult Social Care Glossary, v 0.6

Time banking is designed to support people who help others, and to offer support to those that need it. Every hour spent doing something for somebody, generates a time credit. Each time credit can then be exchanged for an hour of someone else's time.

A system where someone volunteers an hour of their time to help someone in their community and in return can have an hour of another person's time to receive help themselves. Time banks exist in many areas and are a way of building stronger communities and helping people manage their lives.