bad bank Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "bad bank" - Business English Dictionary

bad bank

noun [C]
 
 
BANKING, FINANCE, ECONOMICS
a bank that takes bad assets (= assets that have lost their value) and bad loans (= debts that are unlikely to be paid back) from other banks or organizations and deals with them in order to help with economic problems: The Treasury is creating a bad bank that will take on the toxic assets that have damaged the global banking system. The government has launched a bad bank to take over many of the 3.9 million credit card loans that are in arrears.
(Definition of bad bank from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of bad bank?
Add Cambridge dictionaries to your browser to your website
Word of the Day
truth

the quality of being true

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

burger noun
burger noun
June 29, 2015
a menu on a computer screen comprising three short parallel horizontal lines which the user clicks to see options Definitely use a burger. You could put the settings in the burger menu too. Fix the settings to the bottom of the burger menu and use a vertically scrolling contact list that scrolls behind

Read More