HomeDefinitionsCompareDebt Grandfathered activitiesThe financial definition for Grandfathered activities:Nonbank activities, some of which would normally not be permissible for bank holding companies and foregin banks in the United States, but which were acquired or engaged in before a particular date. Such activities may be continued under the "grandfather" clauses of the Bank Holding Company Act and the International Banking Act. Click to compare definitions of Grandfathered activities Click to view definitions beginning gr |