money broker

noun

: an intermediary who arranges short-term loans usually in large amounts for borrowers and who in the U.S. also arranges the sale of excess bank reserve balances to banks short of reserves

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Cite this Entry

“Money broker.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/money%20broker. Accessed 5 Nov. 2024.

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