Bridge Bank: Difference between revisions
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A bank created and authorised to receive and hold assets and liabilities of another insolvent bank with a view to continuing the operations of the bank until sale or liquidation. | A bank created and authorised to receive and hold assets and liabilities of another (insolvent) bank with a view to continuing the operations of the bank until sale or liquidation. | ||
== See also == | == See also == | ||
* [[Liquidation]] | |||
* [[Purchase and Assumption]] | * [[Purchase and Assumption]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 14:09, 27 June 2022
A bank created and authorised to receive and hold assets and liabilities of another (insolvent) bank with a view to continuing the operations of the bank until sale or liquidation.
