commercial bank

noun

: a bank organized chiefly to handle the everyday financial transactions of businesses (as through demand deposit accounts and short-term commercial loans)

Examples of commercial bank in a Sentence

Recent Examples on the Web
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The filing also details various financial agreements, including a surplus note issued by Vidalia Re and a revolving credit facility with a syndicate of commercial banks. Quartz Bot, Quartz, 7 Nov. 2024 Early on in the crisis, the Fed also extended huge loans to foreign commercial banks and central banks that needed dollar funding, obviating the need for the U.S. Treasury to supply them with dollars. Carmen Reinhart, Foreign Affairs, 13 Sep. 2018 The federal funds rate is the target interest rate at which commercial banks borrow and lend their extra reserves to one another overnight. Daniel R. Depetris, Newsweek, 24 Nov. 2024 Money And Messaging The RBA’s paper explores the merits of a retail central bank digital currency (CBDC) in Australia, focusing on the extent to which consumers would value having access to a digital form of money that is even safer and potentially more private than commercial bank deposits. David G.w. Birch, Forbes, 31 Oct. 2024 See all Example Sentences for commercial bank 

Word History

First Known Use

1910, in the meaning defined above

Time Traveler
The first known use of commercial bank was in 1910

Dictionary Entries Near commercial bank

Cite this Entry

“Commercial bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commercial%20bank. Accessed 23 Dec. 2024.

Kids Definition

commercial bank

noun
: a bank that accepts deposits that can be withdrawn without notice and creates credit through loans mainly to businesses

Legal Definition

commercial bank

see bank

More from Merriam-Webster on commercial bank

Last Updated: - Updated example sentences
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