bad bank

noun

1. a financial institution set up to hold and manage underperforming assets owned by other banks

Example Sentences

It is a less-expensive and far more workable version of a bad bank, which would buy up the toxic material only.

From The Daily Beast

He was talking about the “bad bank” concept being bandied about in Washington at the time.

From The Daily Beast

According to one person with knowledge of the matter, the bad bank will likely be one aspect of a “kitchen-sink approach.”

From The Daily Beast

Until the extent of “bad bank” assets are counted and valued, taxpayers will stay in the dark and on the hook.

From The Daily Beast

With so much "bad bank paper" in circulation, Speridionides is not likely to set a high price on his own scrip.'

From Project Gutenberg