a firm which to a large extent concerns itself with the receipt of money on deposit or current account, loans against security, the provision of credit. The principal and traditional functions of commercial banks are to accept deposits and supply industries with circulating capital in the form of short-term loans., an institution authorized to receive both demand and time deposits, to make loans of various types, to engage in trust services and other fiduciary funds, to issue letters of credit, to accept and pay drafts, to rent safety deposit boxes, and to engage in many similar activities, peamiselt kaubandust finantseeriv eraomandusel baseeruv krediidiasutus, mis pakub pangateenuseid üldsusele (erinevalt investeerimispangast), rahaasutus, mis kogub lühiajalisi hoiuseid, peab rahaturu deposiitarveid, müüb reisitšekke ning osutab muid rahateenuseid, samuti laenab üksikisikutele ja ettevõtetele
