Show Summary Details

Quick Reference

1 To borrow funds for use by a subsidiary company at the better rates appropriate to the parent company, which would not have been available to the subsidiary. Compare upstream.

2 Denoting the respondent bank (downstream bank) in an arrangement with a correspondent bank.

3 Denoting a later stage in the production process or value chain.

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.