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merchant bank |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.04 sec. |
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Merchant Bank A bank that deals mostly in (but is not limited to) international finance, long-term loans for companies and underwriting. Merchant banks do not provide regular banking services to the general public. Notes: Their knowledge in international finances make merchant banks specialists in dealing with multinational corporations.Merchant bank A British term for a bank that specializes not in lending out its own funds, but in providing various financial services such as accepting bills arising out of trade, underwriting new issues, and providing advice on acquisitions, mergers, foreign exchange, portfolio management, etc.
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