TERMIUM Plus®

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ASSET SALES RECOURSE [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1995-10-12

English

Subject field(s)
  • Banking
DEF

Agreements whereby a bank sells a loan or other asset or a portion thereof, but retains an obligation to assume the credit risk if default occurs. [Office of the Superintendent of Financial Institutions].

French

Domaine(s)
  • Banque
DEF

Entente en vertu de laquelle une banque cède un prêt ou un autre élément d'actif, ou encore une portion de ces derniers, mais est tenue d'assumer le risque de crédit en cas de manquement. [Bureau du surintendant des institutions financières].

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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