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Definition of merchant bank noun from the Oxford Advanced Learner's Dictionary

merchant bank

noun
 
/ˌmɜːtʃənt ˈbæŋk/
 
/ˌmɜːrtʃənt ˈbæŋk/
(British English)
(also investment bank British and North American English)
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  1. a bank that deals mainly with buying and selling shares and other investments for businesses and private investors

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