industrial bank
- noun
- /ɪnˈdʌstriəl bæŋk/
- Many industrial banks aim to support the financial needs of workers in manufacturing sectors.
- industrial bank charter
Examples
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In Germany, the large industrial banks, among them the Deutsche Bank, are the conductors of the economic orchestra.
Academic text (1993) -
An industrial bank can offer small loans to local businesses looking to expand operations.
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The industrial bank provided essential funding to help launch new startups in the region.
Synonyms
A small bank that gives loans and sometimes holds savings but usually not checking accounts
A company that gives small loans to people who cannot get bank loans
How Specialized
Surface Forms
Morphology
The noun phrase combines the adjective 'industrial' (relating to industry) with 'bank' (a financial institution), so its meaning as a bank serving industrial businesses or workers is directly inferable from the constituents. This follows a standard adjective+noun composition pattern common across languages, so a B1 learner who knows both words will readily understand the MWE.
Etymology
The term industrial bank may come from the image of a bank set up to help industrial workers and nearby factories, a bank made especially for industry. That's why it now means 'a place that gives small loans to workers and small businesses'.