parallel loan
1Parallel loan — A process whereby two companies in different countries borrow each other s currency for a specific period of time, and repay the other s currency at an agreed maturity for the purpose of reducing foreign exchange risk. Also referred to as back to …
2parallel loan — A process whereby two companies in different countries borrow each other s currency for a specific period of time, and repay the other s currency at an agreed maturity for the purpose of reducing foreign exchange risk. Also referred to as back to …
3Parallel Loan — A type of foreign exchange loan agreement that was a precursor to currency swaps. A parallel loan involves two parent companies taking loans from their respective national financial institutions and then lending the resulting funds to the other… …
4parallel loan agreement — a contract between the project company and a subcontractor, separate to (or parallel to) the subcontract to which it relates, in which the parties agree that if the subcontractor is entitled to payment from the project company, but the project… …
5loan — money lent at interest.A lender makes a loan with the idea that it will be paid back as agreed and that interest will be paid for the use of the money. Glossary of Business Terms Temporary borrowing of a sum of money. If you borrow $1 million you …
6back-to-back loan — /ˌbæk tə bæk ləυn/ noun a loan from one company to another in one currency arranged against a loan from the second company to the first in another currency. Also called parallel loan (NOTE: Back to back loans are (used by international companies… …
7Компенсационный кредит — (back to back loan) Кредит, предоставляемый одной компанией другой компании (обе компании в разных странах), часто в различной валюте, с использованием банка или иного финансового института в качестве посредника в предоставлении кредита (реальные …
8prestito back to back — Eng. back to back loan Prestito bilaterale concesso da una società residente in un paese e da una controllata che risiede in un altro. Il prestito back to back, al contrario del parallel loan ( in cui la società madre si addossa la parte di… …
9rights of set-off — An agreement defining each party s rights should one party default on its obligation. A setoff is common in parallel loan arrangements. Bloomberg Financial Dictionary …
10Компенсационный/параллельный кредит — BACK TO BACK/PARALLEL LOAN Договоренность между двумя компаниями, работающими в разных странах о кредитовании друг друга в местной валюте. Торговые партнеры прибегают к подобному кредитованию с целью защитить себя от валютного риска …