TERMIUM Plus®

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ENGAGEMENT PERMANENT NON CONFIRME [1 record]

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Record 1 1996-02-28

English

Subject field(s)
  • Banking
  • Phraseology
CONT

Evergreen Commitments. Open-ended commitments that are cancellable by the bank at any time subject to a notice period do not constitute unconditionally cancellable commitments and are converted at 50%. [Office of the Superintendent of Financial Institutions].

French

Domaine(s)
  • Banque
  • Phraséologie
CONT

Engagements permanents non confirmés. Les engagements variables qui sont annulables sans condition par la banque à tout moment sous réserve d'un préavis ne constituent pas des engagements annulables sans condition et font l'objet d'un facteur de conversion de 50 p. cent. [Bureau du surintendant des institutions financières].

Spanish

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