英语词汇“standby note issuance facility (SNIF)”的翻译、意思、用法、释义-英汉经管词典

单词	standby note issuance facility (SNIF)
释义	standby note issuance facility (SNIF) Definition A credit facility that organizes project financing through subsidiary obligation. Through this arrangement, the SNIF pays the primary lender when the borrower defaults on his payment. It is in form, a guarantee that the loan will be ultimately paid to lender.
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