| 释义 |
chartered bank
chartered bank n (Commerce) Canadian a privately owned bank that has been incorporated by Parliament to operate in the commercial banking system Chartered Bank
Chartered BankA bank that has received the appropriate regulatory approval to operate and/or to receive certain government guarantees. Banks are regulated by the laws and central banks of their home countries; normally, they must receive a charter to engage in business. A charter indicates that the bank complies and must continue to comply with appropriate regulations, such as maintaining a certain minimum capital. See also: Participating bank. |