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, nounmerchant banking, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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

Derived forms of merchant bank

merchant banker, noun
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