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Pair of linked agreements or transactions in which all liabilities, obligations, and rights of one agreement or transaction are mirrored in the second.
  • counter guarant...

  • switched bill o...

  • second issuing...

  • W-shaped recove...

  • prime letter of...

  • back to back cr...

  • back to back le...

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Popular 'Banking, Commerce, Credit, & Finance' Terms

  • immediate family

  • ex works

  • repo rate

  • payment terms

  • accounting concepts

  • financial management

  • letter of credit (L/C)


Mentioned in These Terms

  • back to back credit

  • back to back ticket

  • back to back loan

  • back to back letter of credit (L/C)


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