merchant bank

noun

chiefly British
: a bank that specializes in bankers' acceptances and in underwriting or syndicating equity or bond issues
merchant banker noun
merchant banking noun

Examples of merchant bank in a Sentence

Recent Examples on the Web Under pressure to meet its debt obligations, NAI last May accepted a $125-million equity investment from Chicago banker Byron Trott of BDT Capital Partners, an affiliate of his merchant bank, BDT & MSD Partners, which works with high-net-worth families. Meg James, Los Angeles Times, 11 May 2024 Cardinale spent 20 years at Goldman Sachs’ merchant bank working on all manner of deals with all kinds of clients, including the New York Yankees and Dallas Cowboys, two teams synonymous with big money. Paolo Confino, Fortune, 2 Apr. 2024 When Paramount went all in on streaming, the dividend that helped fund the Redstone family was slashed and NAI was under pressure, leading to a $125 million investment from the merchant bank BDT & MSD Partners. Alex Weprin, The Hollywood Reporter, 4 Jan. 2024 After months of speculation and soaring share prices, initial offers had to be presented to merchant bank Raine Group, which is handling the sale of one of the most famous soccer teams in the world. James Robson, ajc, 18 Feb. 2023 His merchant bank, Mercator, was a critical go-between for Western energy companies eager to exploit Kazakhstan’s vast, largely untapped oil fields. Clay Risen, New York Times, 4 Nov. 2022 The Pritzker Organization, the merchant bank for the business interests of billionaire hotelier Tom Pritzker, agreed to partner with Red Dog. Miriam Gottfried, WSJ, 20 Aug. 2022 Novogratz, chief executive of crypto merchant bank Galaxy Digital, gave the interview just before the Federal Reserve raised rates by 0.75 percentage points—the largest rate hike seen since 1994. Sophie Mellor, Fortune, 16 June 2022 Other investors include Dawn Capital LLP and units of Commerzbank AG and Galaxy Digital Holdings Ltd., the crypto merchant bank headed by billionaire Michael Novogratz, Elwood said in a statement. Fortune, 15 May 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'merchant bank.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1620, in the meaning defined above

Time Traveler
The first known use of merchant bank was in 1620

Dictionary Entries Near merchant bank

Cite this Entry

“Merchant bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/merchant%20bank. Accessed 20 Jun. 2024.

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