conduit finance
Definition
The use of special purpose vehicles (SPV) by banks and other financial institutions to raise short-term financing. The SPV holds the financial assets, such as loans, and uses these funds to back highly rated commercial paper. The assets of the SPV are generally not held on the financial institution's balance sheet.
conduit finance is in the Banking, Commerce & Finance subject.
conduit finance appears in the definition of the following term: conduit issuer
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