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bad bank

British  

noun

  1. a financial institution set up to hold and manage underperforming assets owned by other banks

"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

Example Sentences

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We see a bank that used to be a really bad bank, and now is a much better bank.

From Barron's Apr. 16, 2026

The planned new houses are in addition to a previously announced plan to convert 50,000 foreclosed homes under management by Spain's bad bank Sareb.

From Reuters Apr. 19, 2023

Based on what’s known so far, bad bank management, unheeded warnings and the unintended consequences of rising interest rates all contributed to SVB’s implosion.

From Washington Post Mar. 28, 2023

Nonetheless, the still very high debt levels and bad bank loans drag the country’s rating down, Fitch says.

From Seattle Times Jan. 14, 2022

With so much "bad bank paper" in circulation, Speridionides is not likely to set a high price on his own scrip.'

From Lord Kilgobbin by Lever, Charles James

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