chartered bank


noun Canadian.

a private bank operating under authorization by the federal government of Canada.

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British Dictionary definitions for chartered bank

chartered bank

noun

Canadian a privately owned bank that has been incorporated by Parliament to operate in the commercial banking system
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012