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Either/or facility

• An agreement permitting a bank customer to borrow either domestic dollars from the bank's head office or Eurodollars from one of its foreign branches.

• An agreement permitting a bank customer to borrow either domestic dollars from the bank's head office or Eurodollars from one of its foreign branches.

 
 Embedded terms in definition
 Borrow
Eurodollars
Foreign
Its
 
 Related Terms
 Committed facility
International banking facility
Multi option financing facility
Note issuance facility
Swingline facility

<< Either way market Elasticity >>

Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

A true friend is one who overlooks your failures and tolerates your successes. - Doug Larson

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