Online Dictionary

bad bank Explained

bad bank at English (WD) Of Explained:



Possibly derived from a usage by Category: w - :Walter Bagehot|Walter Bagehot in Category: w - :Lombard Street, A Description of the Money Market|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."


Inter: en-noun » head=bad bank
  • Inter: banking » economics A bank created to specialize in the ownership of defaulted loans and their collection.
    1. Inter: quote-news » work=Business Week‎|year=1992|passage=And Grant Street National Bank, as the bad bank is called, ... The bad bank and its 75 workout specialists proved adept at unloading sorry loans
    2. Inter: quote-book » title=International banking crises|page=249|author=Benton E. Gup|year=1999|passage=In the 1980s, another method of problem resolution emerged, known as a good-bank, bad-bank split model.


      * collection bank


      Inter: trans-top » bank specializing in bad credits

  • Finnish: Inter: t- » fi|roskapankki

  • Inter: trans-mi » d
    Inter: trans-botto » m

    See also

    * toxic assets
  • Inter: pedialit » e