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.

counter guarant...

second issuing...

back to back cr...

back to back le...

switched bill o...

prime letter of...

W-shaped recove...

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back to back

counter guarant...

second issuing...

back to back cr...

back to back le...

switched bill o...

prime letter of...

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 ticket

back to back loan

back to back letter of credit (L/C)

back to back credit