bad bank

listen to the pronunciation of bad bank
English - English
A bank created to specialize in the ownership of defaulted loans and their collection
bad banks
plural form of bad bank
bad bank

    Turkish pronunciation

    bäd bängk

    Pronunciation

    /ˈbad ˈbaɴɢk/ /ˈbæd ˈbæŋk/

    Etymology

    () 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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