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national bank

American  

noun

  1. a bank chartered by the U.S. government and formerly authorized to issue notes that served as money.

  2. a bank owned and administered by the government, as in some European countries.


national bank British  

noun

  1. (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. a bank owned and operated by a government

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of national bank

An Americanism dating back to 1780–90

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The French finance ministry announced on February 18 that a hacker had gained access to a national bank database and consulted information on 1.2 million accounts.

From Barron's

Full national bank charters come with more stringent oversight and capital requirements than trust charters, particularly for any that must become bank holding companies under the Federal Reserve.

From The Wall Street Journal

A spokeswoman for the Office of the Comptroller of the Currency, which oversees national bank charters, confirmed the approval of Erebor’s charter.

From The Wall Street Journal

Denmark’s national bank reported Greenland faces a slowing economy, skilled worker shortages, and rising healthcare costs leading to a 2025 deficit.

From Barron's

Denmark’s national bank reported Greenland faces a slowing economy, skilled worker shortages, and rising healthcare costs leading to a 2025 deficit.

From Barron's