bad bank

bad bank
a bank that takes bad assets (= assets that have lost their value) and bad loans (= debts that are unlikely to be paid back) from other banks or organizations and deals with them in order to help with economic problems: »

The Treasury is creating a bad bank that will take on the toxic assets that have damaged the global banking system.


The government has launched a bad bank to take over many of the 3.9 million credit card loans that are in arrears.

Financial and business terms. 2012.

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Look at other dictionaries:

  • Bad Bank — [ bɛt bɛŋk ], die; , s <englisch> (Bank, die schlechte Kredite von anderen Banken übernimmt) …   Die deutsche Rechtschreibung

  • Bad Bank — Eine Bad Bank (engl. aus bad debt bank) oder Abwicklungsbank, Auffangbank ist ein gesondertes Kreditinstitut[1] zur Aufnahme von Derivaten und Zertifikaten von in Zahlungsschwierigkeiten geratenen Emittenten und zur Abwicklung sogenannter… …   Deutsch Wikipedia

  • Bad Bank — A bank set up to buy the bad loans of a bank with significant nonperforming assets at market price. By transferring the bad assets of an institution to the bad bank, the banks clear their balance sheet of toxic assets but would be forced to take… …   Investment dictionary

  • bad bank — UK / US noun Word forms bad bank : singular bad bank plural bad banks economics 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 The… …   English dictionary

  • Bad bank — Consortium de réalisation Pour les articles homonymes, voir CDR. Le Consortium de réalisation (CDR) est à l origine une structure ad hoc chargée de gérer le passif du Crédit lyonnais après la quasi faillite de la banque en 1993. Depuis la crise… …   Wikipédia en Français

  • bad bank — noun A bank created to specialize in the ownership of defaulted loans and their collection. Syn: collection bank …   Wiktionary

  • BAD — may refer to:* Big Audio Dynamite British rock band founded by Mick Jones, formerly of punk pioneers The Clash. * Broken as designed A computer slang term originating at IBM, saying of a program that it is bogus because of bad design and… …   Wikipedia

  • Bank — Banken Skyline: Frankfurt am Main ist Deutschlands Bankenplatz Nummer eins Eine Bank ist ein Kreditinstitut, das entgeltliche Dienstleistungen für den …   Deutsch Wikipedia

  • Bank fraud — is the use of fraudulent means to obtain money, assets, or other property owned or held by a financial institution. In many instances, bank fraud is a criminal offense. While the specific elements of a particular banking fraud law vary between… …   Wikipedia

  • Bank of New England — Corporation Former type Corporation Industry Banking Fate Bankruptcy liquidation P …   Wikipedia

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