| / English Dictionary |
MERCHANT BANK
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A credit card processing bank; merchants receive credit for credit card receipts less a processing fee
Synonyms:
acquirer; merchant bank
Classified under:
Nouns denoting groupings of people or objects
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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