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Definitions from WordNet

Definitions from the Web

Bank Charter

Definition:

A bank charter refers to the legal authorization granted by a government to establish and operate a bank.

Sample Sentences:

1. The bank applied for a new charter to expand its operations locally.
2. After receiving the bank charter, they began accepting deposits and providing financial services.
3. The bank charter outlined the specific rules and regulations the institution must adhere to.

Related Products:

Explore related books and resources on bank charters:

• Bank Charters and Regulation in the United States
• Introduction to Banking Law
• A History of Banking