Exchange Currency

transferable underwriting facility (TRUF)

A form of underwriting facility that allows lenders to fully transfer their obligations and commitments (including the underwriting itself) to other parties. This gives purchasers a backup method to satisfy their commitments, by transferring them to another party who is capable of completing the transaction. Also called transferable revolving underwriting facility.

Related information about transferable underwriting facility (TRUF):
  1. What is transferable underwriting facility (TRUF)? - InvestorWords.com
    Definition of transferable underwriting facility (TRUF): A form of underwriting facility that allows lenders to fully transfer their obligations and commitments ...
     
  2. Transferable Underwriting Facility (TRUF) Definition | Investopedia
    A type of underwriting facility that deals in Euro notes. Transferable underwriting facilities allow project managers to transfer their Euro note underwriting ...
     
  3. tender panel Definition | Business Dictionaries from AllBusiness.com
    Transferable Underwriting Facility (TRUF). Euronote facility allowing the original underwriter, the project manager, to reserve the right to transfer the commitment ...
     
  4. Euronote: Definition from Answers.com
    Transferable Underwriting Facility (TRUF) (in banking). Multicurrency Note Facility (in banking). Eurocommercial Paper (in banking). Multiple Options Funding ...
     
  5. Euronote Facility: Information from Answers.com
    Mentioned in. Transferable Underwriting Facility (TRUF) (in banking). Revolving Underwriting Facility (RUF) (in banking) ...
     
  6. I Reserve the Right!: Information from Answers.com
    Transferable Underwriting Facility (TRUF) (in banking). Trespass · Fresh, Wild, Fly & Bold (1996 Album by Cold Crush Brothers). The District (2005 Comedy Film ) ...
     
  7. Project manager: Information from Answers.com
    Mentioned in. project leader (technology). Transferable Underwriting Facility ( TRUF) (in banking). Managerial Integrator (business term). Fee · project manager ...
     
  8. Banking Dictionary - Bank Terms Definition and Glossary
    Transferable Underwriting Facility (TRUF) Transit Department Transit Item Transit Letter Transmittal Letter Transposition Error Travel & Entertainment (T&E) Card ...