TERMIUM Plus®

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BACK-UP CREDIT [1 record]

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Alphabetical list of terms

Record 1 1988-06-03

English

Subject field(s)
  • Loans
  • Banking

French

Domaine(s)
  • Prêts et emprunts
  • Banque
CONT

Lorsqu'une entreprise émet des billets de trésorerie, le réglementation lui fait obligation de s'être dotée préalablement d'une ligne de crédit de substitution accordée par une banque. Ce crédit de substitution n'est pas une garantie offerte aux acheteurs de billets de trésorerie mais couvre le risque que l'état du marché ne permette pas le renouvellement des billets de trésorerie à leur échéance.

Spanish

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