merchant bank

noun

, British Finance.

1. a private banking firm engaged chiefly in investing in new issues of securities and in accepting bills of exchange in foreign trade.

merchant bank

noun

1. (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

Other Words From

• merchant banker noun
• merchant banking noun

Word History and Origins

Origin of merchant bank¹

First recorded in 1900–05

Example Sentences

I have a relationship with an existing investor in the organization and I’m also a senior advisor to a merchant bank that has been advising Andbox.

From Digiday