merchant bank


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

Example Sentences

Recent Examples on the Web 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 Moonbug has raised $265 million from investors including Felix Capital, Goldman Sachs Group Inc. and merchant bank Raine Group, which owns a majority stake, one of the people said. Benjamin Mullin, WSJ, 18 Oct. 2021 Ian Fleming's grandfather had founded Robert Fleming & Co., a Scottish merchant bank in the 19th century. Ollie A Williams, Forbes, 30 Sep. 2021 Sam Thompson is senior director at ProgressPartners, a full-service merchant bank providing M&A, capital raise, and SPAC advisory expertise for emerging tech and media companies. Sam Thompson, Fortune, 13 Oct. 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'merchant bank.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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.” Dictionary, Merriam-Webster, Accessed 27 Mar. 2023.

More from Merriam-Webster on merchant bank

Last Updated: - Updated example sentences
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