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Definition of Merchant bank
1. Noun. A credit card processing bank; merchants receive credit for credit card receipts less a processing fee.
Exact synonyms: Acquirer
Generic synonyms: Bank, Banking Company, Banking Concern, Depository Financial Institution
Derivative terms: Acquire
Generic synonyms: Bank, Banking Company, Banking Concern, Depository Financial Institution
Derivative terms: Acquire
Definition of Merchant bank
1. Noun. A bank which provides financial services for businesses. ¹
¹ Source: wiktionary.com