merchant bank
noun
  1. a bank which arranges loans to companies, deals in international finance, buys and sells shares and launches new companies on the stock exchange, but does not provide banking services to the general public

  2. a bank which operates a credit card system, accepting payment on credit cards from retailers or 'merchants'

Browse by Subjects
wholesale banking
Accepting Houses Committee
merchant banker
accepting house
Chinese walls
See All Related Terms »

green pound
pre-market trading
learning curve
Toronto Stock Exchange (TSX)
average up