Meaning Of The Word Merchant bank
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Merchant bank Meaning
| Merchant bank Definition |
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What's The Definition Of Merchant bank?
merchant bank
countable noun: A merchant bank is a bank that deals mainly with firms, investment, and foreign trade, rather than with the public. merchant bank in American English a private banking firm engaged chiefly in investing in new issues of securities and in accepting bills of exchange in foreign trade merchant bank in British English noun: (in Britain) a financial institution engaged primarily in accepting foreign bills, advising companies on flotations and takeovers, underwriting new issues, hire-purchase finance, making long-term loans to companies, and managing investment portfolios, fun |
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