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back to back
Definition
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Related Terms
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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Mentioned in These Terms
back to back credit
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back to back letter of credit (L/C)
