Definition of national bank in English:

national bank

Line breaks: na|tion¦al bank

noun

  • 1 another term for central bank.
    More example sentences
    • In Serbia 1992 the national bank issued single bank notes of 500 billion Serbian dinars.
    • Of course national banks cannot file for bankruptcy.
    • A supporter of the Glorious Revolution, he was engaged during the Nine Years War in government finance and pressed upon the government the establishment of a national bank to help finance the war.
  • 1.1(In the US) a commercial bank which is chartered under the federal government and is a member of the Federal Reserve System.
    More example sentences
    • All national banks and member banks of the Federal Reserve System are required to join.
    • The second major feature of campaign finance regulation is bans on contributions by corporations, national banks, unions, Federal government contractors, and foreign nationals.
    • Calling itself the Federal Reserve, so as to seem official, it replaced the national bank system.

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Word of the day milord
Pronunciation: mɪˈlɔːd
noun
used to address an English nobleman