Loan needed when the borrower receives funds income in two or more different currencies. Multinational companies use them to limit the foreign exchange risk of working in different countries simultaneously. The lender chooses which currency repayment is made in, and the interest rate is typically revisited after six months. Also called dual currency issue.
Related information about multicurrency loans:
- Multicurrency Loans - Financial Dictionary - The Free Dictionary
Gives the borrower the possibility of drawing a loan in different currencies. Multicurrency Loans. Loans in which the borrower, at his/her discretion, may receive ...
- What is multicurrency loans? definition and meaning
Definition of multicurrency loans: Loan needed when the borrower receives funds income in two or more different currencies. Multinational companies use them ...
- What is multicurrency note facility? definition and meaning
multicurrency note facility. multicurrency loans · multi-dwelling units. Definition. A credit facility that supports Euro note financing in either short or medium term, ...
- What is multicurrency clause? definition and meaning
multicurrency clause. multicurrency · multicurrency loans. Definition. A clause that allows the borrower to repay a loan obtained in one European currency to ...
- What is multicurrency? definition and meaning
Mentioned in these terms. multicurrency clause · multicurrency note facility · multicurrency loans. Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ ...
- Euromarkets (Ch. 13)
ii) Multicurrency loans. Though most Eurocurrency loans are Eurodollar loans, these often come with a multicurrency clause. This clause gives the borrower the ...
- Multicurrency Clause Definition
Multicurrency Loans · Negative Pledge Clause · Inflation-Escalator Clause · Subordination Clause · Back-to-Back Loan. Filed Under: m Tagged With: M Glossary ...
- Multicurrency clause Definition - NASDAQ.com
Nearby Terms. MUD Multibuyer policyMulticurrency clauseMulticurrency loans Multifactor CAPM. Investing Essentials. Investing; Stocks; Bonds; Options ...