TERMIUM Plus®

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

revolving underwriting facility [1 record]

Record 1 1999-11-26

English

Subject field(s)
  • Loans
  • Banking
DEF

An arrangement whereby a borrower may issue short term notes, typically three to six months in maturity, up to a prescribed limit over an extended period of time, originally using the sole placing agency distribution method.

OBS

RUFs and NIFs are considered by many as generic terms for any euronote issuance facility. However, the banks which provide such facilities use varying designations to differentiate their product from those of their competitors.

French

Domaine(s)
  • Prêts et emprunts
  • Banque
DEF

Entente selon laquelle un emprunteur peut émettre des billets à court terme, pour des échéances variant entre trois et six mois, jusqu'à concurrence d'une limite fixée, pendant une longue période, à l'origine par l'intermédiaire d'un agent de placement unique.

Spanish

Campo(s) temático(s)
  • Préstamos
  • Operaciones bancarias
DEF

Compromiso de financiación a medio y corto plazo, ofrecido por algunos bancos en forma de títulos al portador o pagarés renovables según un sistema de continuidad establecido por el propio banco.

OBS

Término sin consolidar en español lo que explica una gran fluctuación terminológica y el uso frecuente de la forma en inglés.

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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