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Home > QFINANCE Dictionary > Definition of national bank

Definition of

national bank

  • 1.

    central bank of state a bank owned or controlled by the state that acts as a bank for a government and implements its monetary policies

  • 2.

    US bank in Federal Reserve in the United States, a bank that operates under federal charter and is legally required to be a member of the Federal Reserve

Recommended Further Reading (Term count)

Definitions of ’national bank’ and meaning of ’national bank’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’national bank’ and other financial terms with our online QFINANCE Financial Dictionary.

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