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national bank

Syllabification: na·tion·al bank

Definition of national bank in English:

noun

1 another term for central bank.
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.
1.1A commercial bank that is chartered under the federal government and is a member of the Federal Reserve System.
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.

Definition of national bank in:

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