What does commercial bank mean?
Definitions for commercial bank
com·mer·cial bank
This dictionary definitions page includes all the possible meanings, example usage and translations of the word commercial bank.
Princeton's WordNet
commercial bank, full service banknoun
a financial institution that accepts demand deposits and makes loans and provides other services for the public
ChatGPT
commercial bank
A commercial bank is a financial institution that provides various financial services, such as accepting deposits, providing business and personal loans, and offering basic investment products. The primary function of commercial banks is to receive deposits and lend money to businesses and individuals. They also facilitate financial transactions, including wire transfers and cashiers checks. Some commercial banks may also offer additional services like wealth management and safe deposit boxes. Commercial banks earn profit by charging interest on the loans they provide.
Wikidata
Commercial bank
A commercial bank is a type of bank that provides services, such as accepting deposits, giving business loans and basic investment products. Commercial bank can also refer to a bank or a division of a bank that mostly deals with deposits and loans from corporations or large businesses, as opposed to individual members of the public. In the US the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the great depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in banking activities, whereas investment banks were limited to capital markets activities. This separation was mostly repealed in the 1990s.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of commercial bank in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of commercial bank in Pythagorean Numerology is: 3
Examples of commercial bank in a Sentence
We are not thinking about buying a commercial bank in Europe.
When you go to a commercial bank in the United States as a small business ... if the receivables are all foreign receivables, that's where it stops, right there, u.S. banks won't lend against foreign receivables.
CIT had many things that were broken and needed to be fixed, what's left will be primarily a U.S.-based commercial bank, and that's what Ellen's expertise is.
What's left will be primarily a U.S.-based commercial bank, and that's what Ellen's expertise is.
Translations for commercial bank
From our Multilingual Translation Dictionary
- Bank komersilIndonesian
- ธนาคารพาณิชย์Thai
- تجارتی بینکUrdu
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"commercial bank." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/commercial+bank>.
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