What is the meaning of merchant bank?

noun

  • A credit card processing bank; merchants receive credit for credit card receipts less a processing fee.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). merchant bank. Retrieved September 22, 2026, from http://smartdefine.org/merchant_bank/definitions/1223826
ChicagoWordNet. 2010. "merchant bank" http://smartdefine.org/merchant_bank/definitions/1223826 (accessed September 22, 2026).
HarvardWordNet 2010, merchant bank, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/merchant_bank/definitions/1223826>.
MLAWordNet. "merchant bank" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/merchant_bank/definitions/1223826>
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