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on-lend

Line breaks: on-lend

Definition of on-lend in English:

verb

[with object]
Lend (borrowed money) to a third party: capital intermediaries borrowing funds from one part of the world and on-lending it to another part
More example sentences
  • For example Company B might lend some of its retained earnings to one of the shaded box occupants who is a small child who then is smart enough to on-lend the money at a higher rate of interest into the family business.
  • A B-loan is where instead of direct participation IFC lends to a consortium of banks that on-lends to projects.
  • If the reserves are on-lent for overseas operations, this could lead to encumbrance on the reserves and once again they would not be characterised as reserves.

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