- Standby Loan
- The basic IMF sovereign loan, usually over one or two years, aimed at overcoming short-term balance of payments difficulties. Loan conditions are focused on macro-economic policies.
Financial and business terms. 2012.
Financial and business terms. 2012.
standby loan — / stændbaɪ ləυn/ noun a loan which is available if needed … Dictionary of banking and finance
standby — ▪ I. standby stand‧by 1 [ˈstændbaɪ] also stand by noun TRAVEL 1. [countable] someone or something that is ready to be used when needed: • The government has asked potential donor countries for 75,000 tonnes of grain as a standby … Financial and business terms
standby letter of credit — An obligation issued by a bank on behalf of a bank customer to a third party. A standby letter of credit is a bank promise to pay the third party in the event of some defined failure by the bank s customer, usually, but not always, a failure to… … Financial and business terms
Standby Line of Credit — A sum of money, not to exceed a predetermined amount, that can be borrowed in part or in full from a credit granting institution if the borrower needs it. In contrast, an outright loan would be a lump sum of money that the borrower intended to… … Investment dictionary
standby credit — A letter of credit that guarantees a loan or other form of credit facility. The bank that issues it promises to refund the amount borrowed if the borrower defaults on repayment. It calls for a certificate of default by the applicant. In a note… … Big dictionary of business and management
Calendar of 1996 — ▪ 1997 JANUARY JANUARY 1 King Fahd cedes power Still experiencing the effects of a stroke suffered in November 1995, Saudi Arabia s King Fahd, who also held the post of prime minister, ceded temporary power to Crown Prince Abdullah,… … Universalium
brazil — /breuh zil /, n. brazilwood. [1350 1400; ME brasile < ML < It < Sp brasil, deriv. of brasa live coal (the wood being red in color) < Gmc; see BRAISE] * * * Brazil Introduction Brazil Background: Following three centuries under the rule of… … Universalium
Brazil — Brazilian /breuh zil yeuhn/, adj., n. /breuh zil /, n. a republic in South America. 164,511,366; 3,286,170 sq. mi. (8,511,180 sq. km). Cap.: Brasília. Portuguese and Spanish, Brasil. Official name, Federative Republic of Brazil. * * * Brazil… … Universalium
Venezuela — Venezuelan, adj., n. /ven euh zway leuh, zwee /; Sp. /be ne swe lah/, n. a republic in N South America. 22,396,407; 352,143 sq. mi. (912,050 sq. km). Cap.: Caracas. * * * Venezuela Introduction Venezuela Background: Venezuela was one of the three … Universalium
Russia — /rush euh/, n. 1. Also called Russian Empire. Russian, Rossiya. a former empire in E Europe and N and W Asia: overthrown by the Russian Revolution 1917. Cap.: St. Petersburg (1703 1917). 2. See Union of Soviet Socialist Republics. 3. See Russian… … Universalium