Definition of grand banks in English English dictionary
A large region of relatively shallow seabed in the northwest Atlantic Ocean, located southeast of Newfoundland, which has long served as a major fishing ground
An extensive area of shoals in the western Atlantic Ocean off southeast Newfoundland, Canada. The mingling of the cold Labrador Current and the warmer Gulf Stream and the shallowness of the water make the area a major source of food fish. Portion of North American continental shelf, in the Atlantic Ocean. Lying southeast and south of Newfoundland, it is a noted international fishing ground and extends 350 mi (560 km) north-south and 420 mi (675 km) east-west. The cold Labrador Current and the warm Gulf Stream meet in its vicinity, causing heavy fogs. The banks were first reported in 1498 by John Cabot. In 1977 Canada extended its fishing claim to encompass most of the Grand Banks; it has since given limited fishing rights to other countries