A loan issued in a currency different from that used by the borrower. A foreign currency forward contract is used to spell out repayment terms to include how currencies will be traded in the future.
Related information about covered foreign currency loan:
- Covered Foreign Currency Loan financial definition of Covered ...
A loan denominated in a currency other than that of the borrower's home country, for which repayment terms are prearranged through the use of a forward ...
- What is covered foreign currency loan? definition and meaning
Definition of covered foreign currency loan: A loan issued in a currency different from that used by the borrower. A foreign currency forward contract is used to ...
- Covered foreign currency loan Definition - NASDAQ.com
Covered foreign currency loan: read the definition of Covered foreign currency loan and 8000+ other financial and investing terms in the NASDAQ.com Financial ...
- Non-deliverable forward - Wikipedia, the free encyclopedia
In finance, a non-deliverable forward (NDF) is an outright forward or futures contract in which counterparties settle the difference between the contracted NDF ...
- Foreign Currency Transaction: Definition from Answers.com
One that requires settlement in a currency other than the entity's functional currency . A foreign currency transaction gain or loss is produced from redeeming .
- Can I Finance My Loans in Another Currency? | eHow.com
... The Sunday Times; Perfectly at Home with Foreign Currency Loans; Elizabeth Colman; Nov. 17, 2007 · Financial Dictionary: Covered Foreign Currency Loan ...
- Foreign currency loans: Who's getting punked? - Finance Addict
Oct 11, 2011 ... Foreign currency loans made to Eastern European customers are an anvil hanging over the head of the financial system.
- Currency Exposure and Risk Management
Currency Exposure and Risk Management. ISSUED BY THE INTERNATIONAL FEDERATION OF ACCOUNTANTS. Foreword. The Council of the Malaysian ...