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banking company vs merchant bank

merchant bank vs banking company

banking company and merchant bank both are nouns.

Word NounAdjectiveVerbAdverb
banking company Yes No No No
merchant bank Yes No No No
As nouns, merchant bank is a hyponym of banking company; that is, merchant bank is a word with a more specific, narrower meaning than banking company:
  • banking company: a financial institution that accepts deposits and channels the money into lending activities
  • merchant bank: a credit card processing bank; merchants receive credit for credit card receipts less a processing fee
banking company (noun) merchant bank (noun)
a financial institution that accepts deposits and channels the money into lending activities a credit card processing bank; merchants receive credit for credit card receipts less a processing fee
Difference between banking company and merchant bank

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