单词 | private bank |
释义 | private bank 1) A commercial bank owned by one person or a partnership (compare joint-stock bank). Popular in 19th-century Britain, they have been superseded by joint-stock banks. They still exist in the USA. 2) A bank that is not a member of a clearing house and therefore has to use a clearing bank as an agent. 3) A bank that is not owned by the state. |
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