commercial bank

noun

commercial bank

a bank primarily engaged in making short-term loans from funds deposited in current accounts

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First recorded in 1905–10

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Examples have not been reviewed.

The repo rate is the level at which the central bank lends to commercial banks, influencing borrowing costs.

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It had also cut the cash reserve ratio - or the reserves commercial banks need to maintain with the RBI - by half a percent in December.

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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.

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TD Bank is the tenth-largest commercial bank in the U.S., with 1,100 branches along the Eastern Seaboard from Maine to Florida.

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The tanker spilled its contents in front of a commercial bank, leading to an explosion.

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