WordCmp.com

depository financial institution vs merchant bank

merchant bank vs depository financial institution

depository financial institution and merchant bank both are nouns.

Word NounAdjectiveVerbAdverb
depository financial institution Yes No No No
merchant bank Yes No No No
As nouns, merchant bank is a hyponym of depository financial institution; that is, merchant bank is a word with a more specific, narrower meaning than depository financial institution:
  • depository financial institution: 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
depository financial institution (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 depository financial institution and merchant bank

© WordCmp.com 2024, CC-BY 4.0 / CC-BY-SA 3.0.