unit bank

English - English

Definition of unit bank in English English dictionary

(Denizcilik) A system of banking in which the government restricts or does not permit a bank to open branch offices. Unit banking systems encourage either small, independent banks or banks that are theoretically independent but are in fact owned by a bank holding company

(Denizcilik) A local bank operating just as a single branch

Hyphenation

Unit bank

Turkish pronunciation

yunıt bängk

Pronunciation

/ˈyo͞onət ˈbaɴɢk/ /ˈjuːnət ˈbæŋk/