Topic Areas

Merchant bank

Definition:

A bank that deals mostly in (but is not limited to) international finance, long-term loans for companies and underwriting.

Example Sentences

Let me quickly outline the positive aspects of a merchant bank.

The merchant bank plans to charge 3.42 as its introductory rate of interest.

There is a merchant bank near you and it provides excellent service.

The interest rate on a business loan at the merchant bank is 8.5%.

The merchant bank closed their business without warning.

The company wasn't as established as a merchant bank.

By no means is a merchant bank responsible for informing vendors about its holdings.

Key Phrases
Accrued liability
Capital assets
Enterprise
take-over bid
Added value
Protest a bill
Stock dividend
Fixed costs
Subject to collection
Adjustable-Rate Mortgage
Withholding tax
Base rate
Accrued revenue
Appreciation
Value at market price
Deferred payments
Act on behalf of
Interest rate
Liquid assets
Account activity

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