Meaning PARALLEL 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-back loans
More terms such as Parallel loan in Dictionary P.
- Definition Private Unrequited Transfers:
- Examples Resident immigrant workers' remittances to their country of origin as well as, e.g., gifts, dowries, inheritances, prizes, charitable contributions parallel loan definition.
- Definition P & I:
- Examples Stands for principal and interest on bonds or mortgage-backed securities parallel loan explain.
- Definition Property Rights:
- Examples Rights of individuals and companies to own and use property as they see fit and to receive the stream of income that their property generates parallel loan what is.
- Definition Permanent Financing:
- Examples Long-term financing using either debt or equity parallel loan meaning.
- Definition Political Risk:
- Examples Possibility of negative events such as expropriation of assets, changes in tax policy, restrictions on the exchange of foreign currency, or other changes in the business climate of a country parallel loan abbreviation.
