TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

renegotiated reduced rate loan [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1989-03-22

English

Subject field(s)
  • Loans
DEF

A loan which, due to the weakened financial condition of the borrower, has been renegotiated to provide for a rate of interest lower than the prevailing market rates on similar loans to new borrowers.

OBS

See the section "Guidelines" in CMFCB.

French

Domaine(s)
  • Prêts et emprunts
DEF

(...) prêt supérieur à un dixième pour cent de l'avoir des actionnaires de la banque, pour lequel les conditions ont été modifiées de manière à ramener le taux d'intérêt au-dessous du taux approprié du marché, pour tenir compte de l'affaiblissement de la situation financière de l'emprunteur.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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