钱庄

Traditional: 錢莊
qián zhuāng
Dictionary entry
old-style money shop (a type of private bank that first appeared in the Ming dynasty, flourished in the Qing, and was phased out after 1949)

What does 钱庄 mean?

钱庄 (qián zhuāng) has the following dictionary meaning.

1old-style money shop (a type of private bank that first appeared in the Ming dynasty, flourished in the Qing, and was phased out after 1949)
2(in recent times) informal financial company, often operating at the edges of what is legal

Character breakdown

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How to pronounce 钱庄

钱庄
qián zhuāng
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Base dictionary data: CC-CEDICT · CC BY-SA 4.0.