Banks
A "commercial bank" is what is commonly referred to as simply a "bank". The term "commercial" is used to distinguish it from an "investment bank," a type of financial services entity which, instead of lending money directly to a business, helps businesses raise money from other firms in the form of bonds (debt) or stock (equity).
Read more about this topic: Financial Services
Famous quotes containing the word banks:
“For the wrong that needs resistance,
For the future in the distance,
And the good that I can do.”
—George Linnaeus Banks (1821–1881)
“Its whether will ye be a rank robber’s wife,
Or will ye die by my wee pen knife?
Its I’ll not be a rank robber’s wife,
But I’ll rather die by your wee pen knife.
He ‘s killed this may and he ‘s laid her by,
For to bear the red rose company.”
—Unknown. Babylon; or, The Bonnie Banks o’ Fordie (l. 9–14)
“I live for those who love me,
Whose hearts are kind and true;
For the Heaven that smiles above me,
And awaits my spirit too;
For all human ties that bind me,
For the task by God assigned me,
For the bright hopes yet to find me,
And the good that I can do.”
—George Linnaeus Banks (1821–1881)