TERMIUM Plus®

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Consult the Government of Canada’s terminology data bank.

OPERATION PASSIBLE RECOURS [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1989-01-24

English

Subject field(s)
  • Banking
DEF

An arrangement whereby a bank sells a loan or other asset to a third party, but retains an obligation to assume the credit risk if the borrower defaults or the value of the asset otherwise falls.

French

Domaine(s)
  • Banque
DEF

Accord par lequel une banque cède un prêt ou un actif à un tiers, mais demeure tenue d'assumer le risque-crédit en cas de défaillance de l'emprunteur ou de détérioration de la valeur de l'actif.

Spanish

Save record 1

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© Public Services and Procurement Canada, 2026
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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