merchant bank
Business lending institution
A merchant bank is a financial institution that provides services to businesses rather than individuals—underwriting securities, arranging mergers and acquisitions, managing investments, and advising on corporate finance.
The term is more common in British English; in American usage, investment bank covers similar territory.
Merchant banks historically financed international trade, which explains the name.
Impartial treatment or ownership value
- venture capitalStartup growth financing
- private equityCapital for unlisted companies
- seed fundingInitial startup capital infusion
- angel investmentPrivate funding for startups
institutional investors · capitalization · stakeholder · shareholder · funding round · bridge financing · recapitalization
First public stock offering
- initial public offeringFirst stock market sale
- bondsTies that unite
- securitiesTradeable financial assets
- portfolioCollected works or assets
asset management · wealth management · syndicate · prospectus · flotation · listing
Firm funding and investment strategy
- mergers and acquisitionsCorporate combination activity
- M&ACorporate buyouts and combinations
- underwritingRisk evaluation and acceptance
- financial advisoryGuidance on money matters
restructuring · divestitures · syndication · due diligence · leveraged buyout · LBO · roadshow · valuation
Security for debt
- debt financingRaising capital through borrowing
- bridge loanTemporary financing between transactions
- working capitalAssets minus current liabilities
- credit linePre-approved borrowing limit
Bank-backed payment promise
- foreign exchangeTrading between national currencies
- cross-borderSpanning national boundaries
- emerging marketsRapidly growing economies
equity
Impartial treatment or ownership value
- venture capitalStartup growth financing
- private equityCapital for unlisted companies
- seed fundingInitial startup capital infusion
angel investment · institutional investors · capitalization · stakeholder · shareholder · funding round · bridge financing · recapitalization
IPO
First public stock offering
- initial public offeringFirst stock market sale
- bondsTies that unite
- securitiesTradeable financial assets
portfolio · asset management · wealth management · syndicate · prospectus · flotation · listing
corporate finance
Firm funding and investment strategy
- mergers and acquisitionsCorporate combination activity
- M&ACorporate buyouts and combinations
- underwritingRisk evaluation and acceptance
financial advisory · restructuring · divestitures · syndication · due diligence · leveraged buyout · LBO · roadshow · valuation · mandate
collateral
Security for debt
- debt financingRaising capital through borrowing
- bridge loanTemporary financing between transactions
- working capitalAssets minus current liabilities
letter of credit
Bank-backed payment promise
- foreign exchangeTrading between national currencies
- cross-borderSpanning national boundaries
- emerging marketsRapidly growing economies
- financial institutionscredit unions, savings and loan, thrifts, savings and loans, building societies
- bankingATM, ATMs, account, accounts, deposit
- trade & commercetrade, exports, imports, tariffs, vendor
- global financefinancial hubs, capital flows, exchange rates, foreign exchange, forex
- business entitiescorporation, LLC, sole proprietorship, partnership, company
- Financial HubsWall Street, City of London, Frankfurt, Zurich, Singapore
merchant bankretail bank
Bank serving individual customers
savings bank · commercial bank · building society · credit union · thrift
merchant, bank, merchants, banking, banked, banks, banker, bankers, mercantile