Laxi Dictionary

American Dictionary

Define dictionary terms easily in our powerful online English dictionary.

Searching for...

No matching words found

Try a different search term or browse the dictionary

Definition bad bank in American English

bad bank noun

noun
1

a bank created by the state to buy private banks' bad debts (=money owed to them that will never be paid) so that the private banks can continue to lend money

Example

The Swedish government chose to establish two bad banks, Retriva and Securum.

Example

The "bad bank" scheme would involve taxpayers having to take on billions of pounds in risky assets.

Synonyms and related words
bad bank bank banker
Definition bad bank in American English