merchant bank
noun British Finance.
a private banking firm engaged chiefly in investing in new issues of securities and in accepting bills of exchange in foreign trade.
Origin of merchant bank
First recorded in 1900–05
OTHER WORDS FROM merchant bank
merchant banker, noun merchant banking, nounWords nearby merchant bank
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merchandising,
merchandize,
merchant,
merchant bank,
merchant flag,
merchant guild,
merchant marine,
merchant navy,
merchant of death
British Dictionary definitions for merchant bank
merchant bank
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, funds, and trusts