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addaword.gifdefinition of bad bank

a bank which holds bad (or 'toxic') assets and allows another bank to get rid of these assets
The controversial "bad bank" scheme, which would involve taxpayers having to take on billions of pounds in risky assets, is increasingly seen as critical if banks are to begin lending again.
Submitted on 18/08/2009 10:56:00
Definition of bad bank from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online


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