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|Polish to English translations [PRO]|
Bus/Financial - Finance (general)
|Polish term or phrase: odpożyczenie|
|obsługa prawna umowy odpożyczenia środków z emisji|
doradztwo w sprawach podatkowych dotyczące wszystkich kwestii
podatkowych związanych z programem
Dictionary of Finance Terms for Professionals - Beck
On-Lending: the process by which funds borrowed by one party are made available to a third party, with the agreement of the creditor. Typically, the funds are recorded as a deposit in the central bank .However, the creditor and the contractual borrower (often the central bank itself) agree to make the loan proceeds available to a third party within the country in local currency equivalent.
Relending: an operation in which the external debt repaid by one debtor is lent to another entity in the debtor economy. The second debtor may repay prior to the definitive repayment date and the foreign creditor may relend again to a third debtor within the debtor country. In practice, relending has occurred when the original borrower had the domestic currency to repay its debt (at the going exchange rate) but the Central Bank was not able or willing to provide the foreign exchange.
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