commercial bank

American  

noun

1. a bank specializing in checking accounts and short-term loans.

---

commercial bank British  

noun

1. a bank primarily engaged in making short-term loans from funds deposited in current accounts

---

Etymology

Origin of commercial bank

First recorded in 1905–10

Example Sentences

They look at the M2 measure of money supply and pit that against stock of all financial assets, excluding that held by central banks, FX reserve managers and commercial banks.

From MarketWatch

Trust banks are not subject to the same capital and liquidity rules as commercial banks, partly because trust banks are not allowed to accept deposits.

From MarketWatch

However, the bank stressed it would keep its options open, including taking interest rates below zero, a move that would mean commercial banks pay to borrow from the central bank.

From The Wall Street Journal

A former commercial bank executive, Tamura is considered one of the most hawkish members on the central bank’s policy board.

From The Wall Street Journal

Notably, Affirm is moving to become an industrial loan company rather than a commercial bank.

From Barron's