See Also: Back to back loan(finance)
Back-to-back loan(money)
Back-to-Back Letters of Credit(money)
Back to back inheritance tax plan(finance)
Back to back financing(finance)
back-to-back 2, noun(dictionary)
back-to-back 1, adjective(dictionary)
Back to back ticketing(tourism)
Back-to-Back - Poker(gambling)
Back-to-back financing(money)

Back to back loan (finance)


A situation where an investment organization, such as an investment trust, deposits sterling with a UK bank which subsequently arranges with a foreign associate bank to lend the equivalent amount of foreign currency to the investment organization.