14:42 Apr 5, 2007 |
English to Polish translations [PRO] Bus/Financial - Finance (general) / Banking | |||||||
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4 | bank inwestycyjny vs bank inwestycyjny vs bank komercyjny |
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bank inwestycyjny vs bank inwestycyjny vs bank komercyjny Explanation: Według mnie: merchant = b. inwestycyjny investment = b. inwestycyjny commercial = b. komercyjny (w niektórych przypadkach nawet "detaliczny") Poniżej definicje z Oxford Reference. merchant bank A bank that formerly specialized in financing foreign trade, an activity that often grew out of its own merchanting business. This led them into accepting bills of exchange and functioning as accepting houses. More recently they have tended to diversify into the field of hire-purchase finance, the granting of long-term loans (especially to companies), providing venture capital, advising companies on flotations and takeover bids, underwriting new issues, and managing investment portfolios and unit trusts. Many of them are old-established and some offer a limited banking service. Their knowledge of international trade makes them specialists in dealing with the large multinational companies. They are most common in Europe, but some merchant banks operate in the USA: the US equivalent in terms of current activity is known as an investment bank. Several UK merchant banks were taken over in the 1990s either by the commercial banks or by large overseas banks. How to cite this entry: "merchant bank" A Dictionary of Finance and Banking. John Smullen and Nicholas Hand. Oxford University Press 2005. Oxford Reference Online. Oxford University Press. Huddersfield University. 5 April 2007 *** investment bank A US bank that fulfils many of the functions of a UK merchant bank. It is usually one that advises on mergers and acquisitions and provides finance for industrial corporations by buying shares in a company and selling them in relatively small lots to investors. Capital provided to companies is usually long-term and based on fixed assets. In the USA, commercial banks were excluded from selling securities for many years but the law was relaxed in the late 1980s, when certain safeguards were introduced, including a ceiling on the value of transactions. How to cite this entry: "investment bank" A Dictionary of Finance and Banking. John Smullen and Nicholas Hand. Oxford University Press 2005. Oxford Reference Online. Oxford University Press. Huddersfield University. 5 April 2007 <http://www.oxfordreference.com/views/ENTRY.html?subview=Main... *** commercial bank A bank dealing with the general public, accepting deposits from and making loans to large numbers of households and small firms. Such banks are known in the UK as retail or high street banks. They also provide various services for depositors, including provision of cash and credit cards, storage facilities for valuables and documents, foreign exchange, stockbroking, mortgage finance, and executor services. Commercial banks are contrasted with central banks, and with investment, merchant, and other specialist banks which deal little with the general public. How to cite this entry: "commercial bank" A Dictionary of Economics. John Black. Oxford University Press, 2002. Oxford Reference Online. Oxford University Press. Huddersfield University. 5 April 2007 <http://www.oxfordreference.com/views/ENTRY.html?subview=Main... |
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