Home > Terms > English, UK (UE) > Back to back credit
Back to back credit
Guarantee (standby credit) arranged to secure a contractor's or seller's performance at the same time a guarantee (standby credit) is arranged to secure the owner's or buyer's payment. Also called back to back guarantee or reciprocal credit. See also back to back letter of credit.
This is auto-generated content. You can help to improve it.
0
0
Improve it
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Personal life Category: Divorce
divorce ceremony
A formal ceremony to officially end a marriage by exchanging divorce vows and returning the wedding rings. As divorce becomes more common, a divorce ...
Contributor
Featured blossaries
Marouane937
0
Terms
58
Blossaries
3
Followers
The 10 Worst African Economies
Category: Business 1 10 Terms
Browers Terms By Category
- Wireless networking(199)
- Modems(93)
- Firewall & VPN(91)
- Networking storage(39)
- Routers(3)
- Network switches(2)
Network hardware(428) Terms
- Cheese(628)
- Butter(185)
- Ice cream(118)
- Yoghurt(45)
- Milk(26)
- Cream products(11)
Dairy products(1013) Terms
- Manufactured fibers(1805)
- Fabric(212)
- Sewing(201)
- Fibers & stitching(53)
Textiles(2271) Terms
- Fiction(910)
- General literature(746)
- Poetry(598)
- Chilldren's literature(212)
- Bestsellers(135)
- Novels(127)
Literature(3109) Terms
- General packaging(1147)
- Bag in box(76)