Meaning of the word "merchant bank" in English
What does "merchant bank" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
merchant bank
US /ˈmɜːr.tʃənt ˌbæŋk/
UK /ˈmɜːr.tʃənt ˌbæŋk/
Noun
1.
a bank that deals in international finance and provides services such as underwriting, corporate lending, and financial advice to corporations and governments, rather than dealing directly with the public
Example:
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The company sought funding from a merchant bank for its expansion project.
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Merchant banks play a crucial role in mergers and acquisitions.
Synonym:
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