Bad-bank Definition
noun
(banking, economics) A bank created to specialize in the ownership of defaulted loans and their collection.
Wiktionary
Other Word Forms of Bad-bank
Noun
Singular:
bad-bankPlural:
bad-banksOrigin of Bad-bank
Possibly derived from a usage by Walter Bagehot in Lombard Street: "The cardinal maxim is, that any aid to a present bad bank is the surest mode of preventing the establishment of a future good bank."
From Wiktionary
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