national bank
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national bank
n.
1. A bank in a system of federally chartered commercial banks in the United States, supervised by the Office of the Comptroller of the Currency, a department of the US Treasury.
2. A bank controlled by or associated with a national government, especially a central bank.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
national bank
n
1. (Banking & Finance) (in the US) a commercial bank incorporated under a Federal charter and legally required to be a member of the Federal Reserve System. Compare state bank
2. (Banking & Finance) a bank owned and operated by a government
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
na′tional bank′
n.
a bank chartered by the U.S. government and formerly authorized to issue notes that served as money.
[1780–90]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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| Noun | 1. |  national bank - a commercial bank chartered by the federal governmentFederal Reserve, Federal Reserve System, FRS, Fed - the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply" commercial bank, full service bank - a financial institution that accepts demand deposits and makes loans and provides other services for the public |
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