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Merchant banking
Referring to negotiated private equity investment by financial institutions in teh unregistered securities of either private or public owned enterprises.
Industry: Banking
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Merchant banking
Interest-bearing checking account
Banking; Merchant banking
An interest bearing checking account is a checking account that generates interest income on the available balance in the account.
Merchant service agreement
Banking; Merchant banking
A Merchant Service Agreement (MSA) is agreed between the bank and the merchant and include agreed pricing, how cards will be accepted and which card types can be accepted.
Accrued interest
Banking; Merchant banking
The interest which has been accrued or accumulated on a loan, bond or other security on a daily basis between two interest payment dates.
Merchant bank
Banking; Merchant banking
A merchant bank is a financial institution which provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the ...