merchant banker

merchant bank

noun British Finance.
a private banking firm engaged chiefly in investing in new issues of securities and in accepting bills of exchange in foreign trade.

Origin:
1900–05

merchant banker, noun
merchant banking, noun
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World English Dictionary
merchant bank
 
n
(in Britain) a financial institution engaged primarily in accepting foreign bills, advising companies on flotations and takeovers, underwriting new issues, hire-purchase finance, making long-term loans to companies, and managing investment portfolios, funds, and trusts
 
merchant banker
 
n

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