merchant bank
Definition
Financial institution that specializes in services such as acceptance of bills of exchange, hire purchase or installment buying, international trade financing, long-term loans, and management of investment portfolios. Merchant banks also advise on (and invest own funds in) acquisitions, mergers, and takeovers. In the US, a merchant account provider is sometimes called a merchant bank.
merchant bank is in the Banking, Commerce & Finance subject.
merchant bank appears in the definitions of the following terms: accepting house, investment bank and mergers and acquisitions
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