commercial bank(redirected from Function of commercial bank)
Also found in: Thesaurus, Financial.
A bank whose principal functions are to receive demand deposits and to make short-term loans.
(Banking & Finance) a bank primarily engaged in making short-term loans from funds deposited in current accounts
a bank specializing in checking accounts and short-term loans.
A bank which is used by the general public, for private and business transactions.
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|Noun||1.||commercial bank - a financial institution that accepts demand deposits and makes loans and provides other services for the public|
national bank - a commercial bank chartered by the federal government