See Also: commercial bank(encyclopedia)
Commercial bank(finance)
Commercial Bank(money)
Commercial Capital Bank(finance)
Commercial Federal Bank(finance)
United Commercial Bank(finance)
Siam Commercial Bank(finance)
National Commercial Bank BKT Albania(finance)
International Commercial Bank Albania(finance)
peal(4)(dictionary)

peal(1) (iou) and commercial bank (sh)


peal(1) (iou)



peal noun1. [pi:l] ME.
[Aphet. from APPEAL noun.]
A stroke on or ringing of a bell as a call or summons, esp. to prayer or church. ME-L17.
A long loud reverberating sound made by the ringing of a bell or set of bells; spec. a series of changes rung on a set of bells. LME.
Joyce The belfry of George's Church sent out constant peals.
b. A set of bells tuned to one another. L18.
transf. A sound resembling the peal of a bell, esp. made in laughing, by thunder, etc. E16.
L. M. Montgomery She..burst into such a hearty and unusual peal of laughter.
b. A loud discharge of a gun, cannon, etc., as a salute, signal, etc. obsolete exc. Hist. L16.
Ld Macaulay The peal of a musket..was the signal.

commercial bank (sh)




Bank that makes loans to businesses, consumers, and nonbusiness institutions.

Early commercial banks were limited to accepting deposits of money or valuables for safekeeping and verifying coinage or exchanging one jurisdiction's coins for another's. By the 17th century most of the essentials of modern banking, including Foreign Exchange, the payment of interest, and the granting of loans, were in place. It became common for individuals and firms to exchange funds through bankers with a written draft, the precursor to the modern check. Because a commercial bank is required to hold only a fraction of its deposits as cash reserves, it can use some of the money deposited by its customers to extend loans. Commercial banks also offer a range of Other Services, including savings accounts, safe-deposit boxes, and trust Services. See also bank; central bank; investment bank; savings bank.