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Blanket credit line
General credit available under an open-end lending agreement for a specified period. An example would be a credit line agreed between an import and an export country for granting long-term export or investment loans.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
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