COMPTROLLER OF THE CURRENCY: An agency of the U.S. Federal government responsible for chartering national banks. In other words, if you want to establish a bank with the word "national" in the title, then you must gain permission from the Comptroller of the Currency. The Comptroller is also responsible for regulating banks and might even assume control of a bank that is in serious trouble (that is, on the verge of going out of business). Although the term "currency" appears in the title, the Comptroller of the Currency is primarily a bank regulator and has almost nothing to do with the nation's "currency.

     See also | bank | bank failure | regulation | Federal Reserve System | currency |

COMPTROLLER OF THE CURRENCY, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2023. [Accessed: February 8, 2023].

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Another term for the business sector. This is one of four divisions of society based on economic function. The other three are government as the first estate, consumers as the third estate, and journalists as the fourth estate.

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