BOUTIQUE
\buːtˈiːk], \buːtˈiːk], \b_uː_t_ˈiː_k]\
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By DataStellar Co., Ltd
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An INVESTMENT BANK that specializes in a particular area of business, such as CORPORATE FINANCE, LEVERAGED BUYOUTS, or MERGERS and ACQUISITIONS. Boutiques do not offer the full range of investment banking services (e.g., TRADING, investment management, new issue UNDERWRITING), but may cooperate with fullservice firms in order to offer clients appropriate access.
By Henry Campbell Black