Hello, you have come here looking for the meaning of the word
back-to-back loan. In DICTIOUS you will not only get to know all the dictionary meanings for the word
back-to-back loan, but we will also tell you about its etymology, its characteristics and you will know how to say
back-to-back loan in singular and plural. Everything you need to know about the word
back-to-back loan you have here. The definition of the word
back-to-back loan will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
back-to-back loan, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Etymology
From back-to-back + loan.
Pronunciation
Noun
back-to-back loan (plural back-to-back loans)
- A transaction where a sum borrowed for one country is secured by a deposit of the same company (internal financing) or its stakeholder (external financing) at the same or two different operating companies of the lending financial institution (which may have different legal consequences under taxation law), motivated by hedging against currency fluctuations, restrictive banking regulations in the target country, tax avoidance or money laundering etc.
- Hypernym: parallel loan
Translations
See also