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 GardaWorld and its competitors, among them Loomis and Brink’s, retrieve commercial bank customers’ cash in armored vehicles and bring it to facilities like the one in Sylmar, where it is organized and held on behalf of the financial institutions. Daniel Miller, Los Angeles Times, 9 May 2024 Johnson Associates’ analysis is based on the firm’s monitoring of the financial services industry, numerous proprietary data points, and public data from eight of the nation’s largest investment and commercial banks, and 10 of the largest asset management firms. Sheryl Estrada, Fortune, 7 May 2024 The banks have since become one of Vietnam’s largest commercial banks by assets. Aniruddha Ghosal, Quartz, 11 Apr. 2024 The macroeconomic climate is still tough for a lot of commercial banks. Nicole Goodkind, CNN, 11 Mar. 2024 By the end of the day, commercial banks were trading the U.S. currency at more than 50 pounds for $1, up from about 31 pounds. Samy Magdy, Quartz, 6 Mar. 2024 Our review found that each of the top 10 largest commercial banks have deployed chatbots as a component of their customer service. John F. Wasik, Forbes, 2 Mar. 2024 As a result, commercial banks became empowered to underwrite and trade corporate securities and own insurance companies. Robert D. Hershey Jr., New York Times, 18 Mar. 2024 Second, commercial banks tightened their purse strings after federal regulators hounded industry players due to the closure of Silicon Valley Bank last year. Rebecca San Juan, Miami Herald, 6 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'commercial bank.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 14 May. 2024.

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: a bank that accepts deposits that can be withdrawn without notice and creates credit through loans mainly to businesses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

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