state bank

noun

1
2
: a bank chartered by and operating under the laws of a state of the U.S.

Examples of state bank in a Sentence

Recent Examples on the Web Harris is responsible for everything from New York’s biggest state banks to student loan providers to the topsy-turvy crypto sector. Leo Schwartz, Fortune, 6 Apr. 2023 Worsening suspicions of official complicity, Chinese state banks in Europe have emerged as active partners of money laundering organizations. Sebastian Rotella, ProPublica, 12 July 2023 Mass parties, labor unions, public schools, strikes and boycotts, social insurance, minimum-wage laws, state banks and currency reform, antitrust regulation, income taxes, even economic planning: these were the new priorities, the material resources of freedom. Corey Robin, The New Yorker, 4 Oct. 2023 Diplomatically delicate prosecutions in Italy, Spain and France have resulted in convictions and fines against Chinese state banks that worked with Chinese criminals to launder the proceeds of widespread tax evasion, customs fraud and contraband. Sebastian Rotella, ProPublica, 12 July 2023 Across the nation, more than $5.2 billion in federal funds that are supposed to be going toward fighting poverty are instead sitting unused in state bank accounts, while the women and children whom Duncan has fought for all her life continue to struggle. Eli Hager, ProPublica, 30 Dec. 2021 There were no immediate reactions by the heirs or the Bavarian state bank. Kirsten Grieshaber, Fortune, 13 June 2023 Requiring the use of a state bank account makes records available to the public and limits how a governor can spend leftover money. Stacey Barchenger, The Arizona Republic, 9 May 2023 The first is a recent decision by Beijing to back Hong Kong’s push to become a global cryptocurrency hub by encouraging its state banks to do business with crypto companies in the territory. Jeff John Roberts, Fortune Crypto, 30 Mar. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'state 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

1702, in the meaning defined at sense 1

Time Traveler
The first known use of state bank was in 1702

Dictionary Entries Near state bank

Cite this Entry

“State bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/state%20bank. Accessed 24 Feb. 2024.

Legal Definition

state bank

see bank

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