Overview

loan selling


Show Summary Details

Quick Reference

The sale of bank loans by one bank to another. For example, Third World debt may be sold at a discount to the market value in order to reduce the burden of the debt on a particular bank. Loans to individuals may also be sold in this way, from one financial institution to another, often without the borrower knowing that the lender has changed. See also eurobond.

Subjects: Financial Institutions and Services.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.