commercial bank

noun

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

commercial bank

noun

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

Word History and Origins

Origin of commercial bank¹

First recorded in 1905–10

Example Sentences

He also criticised the Bank's policy of paying interest on reserves held by commercial banks under quantitative easing.

From BBC

"Public money is flowing straight into commercial banks' coffers because of a flawed policy design," he said.

From BBC

The repo rate is the level at which the central bank lends to commercial banks, influencing borrowing costs.

From BBC

It had also cut the cash reserve ratio - or the reserves commercial banks need to maintain with the RBI - by half a percent in December.

From BBC

The rate on savings accounts offered to the average customer of Bank of America, to choose a commercial bank at random, is 0.01% a year.

From Los Angeles Times