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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
Related forms
merchant banker, noun
merchant banking, noun Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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British Dictionary definitions for merchant bank

merchant bank

(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
Derived Forms
merchant banker, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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