commercial bank
DefinitionAn institution which accepts deposits, makes business loans, and offers related services. Commercial banks also allow for a variety of deposit accounts, such as checking, savings, and time deposit. These institutions are run to make a profit and owned by a group of individuals, yet some may be members of the Federal Reserve System. While commercial banks offer services to individuals, they are primarily concerned with receiving deposits and lending to businesses.
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commercial bank is ...
... part of the Banking and Lending & Credit subjects.
... part of the Banking and Lending & Credit subjects.
Related Terms
consumer bank, bank-eligible issues, dealer bank, Glass-Steagall Act, guarantee letter, M2, M3, nonproductive loan, Primary Dealer, prime
commercial bank appears in the definitions of these other terms on BusinessDictionary.com
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