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)

Credits