Meaning Of The Word Merchant bank

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Merchant bank Meaning

Merchant bank Definition
Merchant bank Definition

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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