Grand-banks meaning

An extensive area of shoals in the western Atlantic Ocean off southeast Newfoundland, Canada. The mingling of the cold Labrador Current and the warmer Gulf Stream and the shallowness of the water produces heavy fogs and severe storms and has historically made it a highly productive fishing ground.
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(place) Large shoal in the North Atlantic, southeast of Newfoundland: noted fishing grounds: c. 500 mi (805 km) long.
proper name
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(geography) A large region of relatively shallow seabed in the northwest Atlantic Ocean, located southeast of Newfoundland, which has long served as a major fishing ground.
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