Commercial Bank (Noun)
Meaning
A financial institution that accepts demand deposits and makes loans and provides other services for the public.
Classification
Nouns denoting groupings of people or objects.
Examples
- The commercial bank was established to provide financial services to individuals and businesses in the local community.
- Commercial banks play a crucial role in the economy by facilitating transactions and providing credit to consumers and businesses.
- She opened a checking account at a commercial bank to manage her daily finances and pay bills.
- The commercial bank offered a range of services, including loans, credit cards, and investment products.
- After graduation, he landed a job at a commercial bank, where he worked as a financial analyst and advisor.