Economics GCSE
Commercial banking
What Commercial banking means in Economics GCSE, as defined for AQA.
Definition of Commercial banking
Check what you remember
Read the wording for your board, then hide it and explain Commercial banking in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
High street banks acting as vital financial intermediaries in the economy, providing essential services to savers and borrowers.
Topics that use Commercial banking
Related terms
- Bank of England
- Building societies
- Business investment
- Central banking
- Financial institutions
- Financial intermediation
- Financial sector
- Financial stability
Using Commercial banking in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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