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national bank

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noun
a bank chartered by the U.S. government and formerly authorized to issue notes that served as money.
a bank owned and administered by the government, as in some European countries.
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Origin of national bank

An Americanism dating back to 1780–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use national bank in a sentence

British Dictionary definitions for national bank

national bank

noun
(in the US) a commercial bank incorporated under a Federal charter and legally required to be a member of the Federal Reserve SystemCompare state bank
a bank owned and operated by a government
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
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