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English definition of “commercial bank”

commercial bank

noun [C]
 
 
BANKING
a bank with branches in many different places that offers services to people and businesses, for example, keeping money in accounts and lending money: After the crash of 1929, commercial banks were barred from doing investment-banking business.
→ Compare investment bank, retail bank
(Definition of commercial bank from the Cambridge Business English Dictionary © Cambridge University Press)
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