conduit borrower

  

Definition

Intermediate borrower who acts as a principal borrower to re-lend the loan amount to another borrower whose credit may not be acceptable to the principal lender.

Related Videos




http://www.businessdictionary.com/definition/conduit-borrower.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z