- commercial bank money
- (CoBM)Settlement is described as being commercial money if the payment moves between the accounts of banks (in contrast to central bank money).
Euroclear glossary. 2008.
Look at other dictionaries:
commercial bank money — ( CoBM) Euroclear Clearing and Settlement glossary Settlement is described as being commercial money if the payment moves between the accounts of banks ( in contrast to central bank money). Euroclear Clearing and Settlement glossary … Financial and business terms
commercial bank — Bank that offers a broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which… … Financial and business terms
bank money — ➔ money * * * bank money UK US noun [U] BANKING ► money held in commercial banks: »By reducing the supply of reserves, the Fed can cause the supply of bank money to fall and market interest rates to rise … Financial and business terms
commercial bank — commercial banks N COUNT A commercial bank is a bank which makes short term loans using money from current or checking accounts … English dictionary
Commercial bank — After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate… … Wikipedia
commercial bank — a bank specializing in checking accounts and short term loans. [1905 10] * * * Bank that makes loans to businesses, consumers, and nonbusiness institutions. Early commercial banks were limited to accepting deposits of money or valuables for… … Universalium
Commercial Bank of Eritrea — The Commercial Bank of Eritrea is the only banking institution in Eritrea with full retail commercial banking services. It is a government owned bank with 17 branches throughout the country. The Bank has arrangements with Citibank for… … Wikipedia
commercial bank — financial institution which holds its customers money and provides loans and other bank services … English contemporary dictionary
Zhejiang Tailong Commercial Bank — Infobox Company company name = Zhejiang Tailong Commercial Bank company | company type = Private company slogan = Partner of midsized and small business growth foundation = Luqiao Precinct, Taizhou, Zhejiang (June 28, 1993) location = Taizhou,… … Wikipedia
bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… … Universalium