TERMIUM Plus®

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

TRUST LETTER [1 record]

Record 1 1998-11-03

English

Subject field(s)
  • Banking
DEF

Where a produce loan has been given by a banker to his customer, and the goods are held by the bank as security for the loan, then in order to repay the loan, the customer needs to sell the goods. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Banque

Spanish

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