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Grand Banks

or Grand Bank

noun
  1. an extensive shoal SE of Newfoundland: fishing grounds. 350 miles (565 km) long; 40,000 sq. mi. (104,000 sq. km).
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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for grand banks

Grand Banks

pl n
  1. a part of the continental shelf in the Atlantic, extending for about 560 km (350 miles) off the SE coast of Newfoundland: meeting place of the cold Labrador Current and the warm Gulf Stream, producing frequent fogs and formerly rich fishing grounds
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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