Commercial Bank
/kəˈmɜːrʃəl bæŋk/
Definitions
- (n.) A financial institution licensed to accept deposits, make loans, and provide other financial services to businesses and individuals, operating under commercial banking regulations.
The commercial bank approved the loan application for the new business.
Forms
- commercial bank
- commercial banks
Related terms
See also
Commentary
In legal drafting, distinguish commercial banks from investment banks due to differing regulatory frameworks and permissible activities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.