back to back

Definition

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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.

switched bill o...

back to back cr...

prime letter of...

back to back le...

second issuing...

counter guarant...

W-shaped recove...

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back to back

switched bill o...

back to back cr...

prime letter of...

back to back le...

second issuing...

counter guarant...

W-shaped recove...

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 letter of credit (L/C)

back to back loan