English Dictionary

MERCHANT BANK

Pronunciation (US): Play  (GB): Play

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 feeplay

  Familiarity information: MERCHANT BANK used as a noun is very rare.


 Dictionary entry details 


MERCHANT BANK (noun)


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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