national bank

1. 1.

   a commercial bank chartered by the federal government

   Broadercommercial bank

   Part ofFederal Reserve System

Questions about national bank

What does national bank mean?

national bank means "a commercial bank chartered by the federal government".

Is national bank a common word?

national bank is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.