draft bank; old-style bank
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
draft bank; old-style Chinese banking house
archaicHistorical term for a type of financial institution that operated in China from the mid-Qing Dynasty into the early 20th century. Specialized in remittances, currency exchange, and credit.
Qīng清
cháo朝
hòu后
qī期
,
Shān山
xī西
de的
piào票
zhuāng庄
fēi非
cháng常
fā发
dá达
。
In the late Qing Dynasty, Shanxi's draft banks were very prosperous.
Zhè这
jiā家
lǎo老
zì字
hào号
de的
piào票
zhuāng庄
céng曾
biàn遍
bù布
quán全
guó国
。
This time-honored draft bank once had branches all over the country.
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Piào票
zhuāng庄
de的
yè业
wù务
zhǔ主
yào要
bāo包
kuò括
huì汇
duì兑
hé和
cún存
kuǎn款
。
The main business of draft banks included remittances and deposits.