What is the meaning of Merchant bank?

Merchant bank is a British term for a bank that specializes not in lending out its own funds, but in providing various financial services such as accepting bills arising out of trade, underwriting new issues, and providing advice on acquisitions, mergers, foreign exchange, portfolio management, etc.

3
 
|15 years ago|228 views|share |citing 
APABarry Goldsmith. (2010). merchant bank. Retrieved September 30, 2026, from http://smartdefine.org/merchant_bank/definitions/1158113
ChicagoBarry Goldsmith. 2010. "merchant bank" http://smartdefine.org/merchant_bank/definitions/1158113 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, merchant bank, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/merchant_bank/definitions/1158113>.
MLABarry Goldsmith. "merchant bank" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/merchant_bank/definitions/1158113>
{ class="autoclick" }next definition (/)