investment bank

investment bank definition - business

investment bank

A firm that functions as an intermediary between organizations that need additional funds and individuals and organizations having surplus funds to invest. An investment banker, an expert in the financial markets, sells its expertise to organizations wishing to raise funds. Compare commercial bank. See also primary distribution, standby underwriting.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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