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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The federal funds rate is the target interest rate at which commercial banks borrow and lend their extra reserves to one another overnight. Dan Perry, Newsweek, 3 Jan. 2025 The filing also details various financial agreements, including a new commercial bank mortgage loan facility and bond issuances. Quartz Bot, Quartz, 8 Nov. 2024 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. Michael Hiltzik, Los Angeles Times, 3 Dec. 2024 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 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 15 Jan. 2025.

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: a bank that accepts deposits that can be withdrawn without notice and creates credit through loans mainly to businesses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