Meaning of the word "investment bank" in English

What does "investment bank" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

investment bank

US /ɪnˈvest.mənt ˌbæŋk/
UK /ɪnˈvest.mənt ˌbæŋk/
"investment bank" picture

Noun

1.

a financial institution that assists corporations and governments in raising capital by underwriting and acting as the client's agent in the issuance of securities, and also provides advisory services for mergers and acquisitions, and acts as a broker-dealer for institutional clients

Example:
She works for a leading investment bank in New York.
The company hired an investment bank to manage its IPO.
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