Back-To-Back Loans

Business, Legal & Accounting Glossary

Definition: Back-To-Back Loans


Back-To-Back Loans


Full Definition of Back-To-Back Loans


An arrangement in which two companies in different countries borrow each other’s currency for a given period of time, in order reduce foreign exchange risk for both of them. also called parallel loans.


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https://payrollheaven.com/define/back-to-back-loans/
Modern Language Association (MLA):
Back-To-Back Loans. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/back-to-back-loans/.
Chicago Manual of Style (CMS):
Back-To-Back Loans. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/back-to-back-loans/ (accessed: December 07, 2021).
American Psychological Association (APA):
Back-To-Back Loans. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/back-to-back-loans/

Definition Sources


Definitions for Back-To-Back Loans are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.