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national bank

   Also found in: Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
national bank
n.
1. A bank in a system of federally chartered privately owned banks in the United States, each required by law to be an investing member of its district Federal Reserve Bank and insured by the Federal Deposit Insurance Corporation.
2. A bank associated with national finances and usually owned or controlled by a government.

national bank
n
1. (Economics, Accounting & Finance / Banking & Finance) (in the US) a commercial bank incorporated under a Federal charter and legally required to be a member of the Federal Reserve System Compare state bank
2. (Economics, Accounting & Finance / Banking & Finance) a bank owned and operated by a government
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.national bank - a commercial bank chartered by the federal governmentnational bank - a commercial bank chartered by the federal government
Federal Reserve, Federal Reserve System, FRS, Fed - the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply"
commercial bank, full service bank - a financial institution that accepts demand deposits and makes loans and provides other services for the public


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The surgeon who fixed me up happened to ask me if I was any relation of Raffles of the National Bank, and the pure luck of it almost took my breath away.
I want the hundred thousand pounds paid into benks-thirty thousand into the London and County Benk Branch at Bun Hill in Kent directly I 'and over the plans; twenty thousand into the Benk of England; 'arf the rest into a good French bank, the other 'arf the German National Bank, see?
 
 
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