national bank - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “national bank”

national bank

noun [C]
 
 
BANKING
→  central bank
in the US, a private bank that is a member of the Federal Reserve System and provides its services to people and businesses: The biggest national banks charged the highest fees, according to the report.
(Definition of national bank from the Cambridge Business English Dictionary © Cambridge University Press)
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