Definition of commercial bank noun from the Oxford Advanced Learner's Dictionary


commercial bank

BrE BrE//kəˌmɜːʃl ˈbæŋk//
; NAmE NAmE//kəˌmɜːrʃl ˈbæŋk//
(North American English)
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a bank that offers services to the general public and to businesses Authorities want commercial banks to cut interest rates to revive car sales.
See the Oxford Advanced American Dictionary entry: commercial bank