bad bank n.—Gloss: A government-run bank that intentionally takes on the bad debts and deals of another bank that is in financial jeopardy. «Emanuel Cleaver, a Democrat from Missouri, condemns the term “bad bank.” He says the term does...
bad bank n.—Gloss: A government-run bank that intentionally takes on the bad debts and deals of another bank that is in financial jeopardy. «Emanuel Cleaver, a Democrat from Missouri, condemns the term “bad bank.” He says the term does...