Parallel Loans
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Parallel 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… … Investment dictionary
parallel 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… … Law dictionary
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 … Financial and business terms
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 … Financial and business terms
Back-to-back Loans — Arrangement whereby a loan in one currency is set against a loan in another currency. It can be used to avoid or overcome exchange risks and exchange controls. Also known as parallel loans … Financial and business terms
Student loans in Canada — help post secondary students pay for their education in Canada. The federal government funds the Canada Student Loan Program (CSLP) and the provinces may fund their own programs or run in parallel with the CSLP. In addition, Canadian banks offer… … Wikipedia
china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material … Universalium
China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast … Universalium
international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… … Universalium
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium
