bad bank
bad bank · bad banks
Bad Bank
A bank created to specialize in the ownership of defaulted loans and their collectionA bank created to specialize in the ownership of defaulted loans and their collection.
Meaning
1 sensesA bank created to specialize in the ownership of defaulted loans and their collection.
Bad Bank
Translations
1 languagesDeutsch
By meaning 1
bank specializing in bad credits:
Origin
Possibly derived from a usage by Walter Bagehot in Lombard Street: "The cardinal maxim is,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."
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