| English Dictionary |
MERCHANT BANK
| Pronunciation (US): |  | (GB): | |
| IPA (US): |  |
Dictionary entry overview: What does merchant bank mean?
• MERCHANT BANK (noun)
The noun MERCHANT BANK has 1 sense:
1. a credit card processing bank; merchants receive credit for credit card receipts less a processing fee
Familiarity information: MERCHANT BANK used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A credit card processing bank; merchants receive credit for credit card receipts less a processing fee
Classified under:
Nouns denoting groupings of people or objects
Synonyms:
acquirer; merchant bank
Hypernyms ("merchant bank" is a kind of...):
bank; banking company; banking concern; depository financial institution (a financial institution that accepts deposits and channels the money into lending activities)
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"One's own simple bread is much better than someone else's pilaf." (Azerbaijani proverb)
"Where do you go, money? Where there is more." (Catalan proverb)
"Even the king saves his money." (Corsican proverb)