Speakur

Word Pronunciation & Dictionary

back-to-back loan

Word Rarity Uncommon

Frequency: Zipf frequency 4.64 in modern English

Syllables
back---to-back- loan
IPA
30
Scrabble Score
14
Letters
6
Syllables
8
Unique Chars

Meaning

noun

A transaction where a sum borrowed for one country is secured by a deposit of the same company (internal financing) or its stakeholder (external financing) at the same or two different operating companies of the lending financial institution (which may have different legal consequences under taxation law), motivated by hedging against currency fluctuations, restrictive banking regulations in the target country, tax avoidance or money laundering etc.

Etymology

From back-to-back + loan.

Inflected Forms

back-to-back loans (plural)

Frequently Paired Words

counterloan counterpurchase

Questions

What does back-to-back loan mean?
A transaction where a sum borrowed for one country is secured by a deposit of the same company (internal financing) or its stakeholder (external financing) at the same or two different operating companies of the lending financial institution (which may have different legal consequences under taxation law), motivated by hedging against currency fluctuations, restrictive banking regulations in the target country, tax avoidance or money laundering etc.
Where does back-to-back loan come from?
From back-to-back + loan.

How to pronounce back-to-back loan

  1. Open the pronunciation page — Open the Speakur entry for “back-to-back loan”.
  2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
  3. Play the audio — Click Play to hear reference audio for “back-to-back loan”.
  4. Repeat and practice — Say “back-to-back loan” aloud, matching stress and vowels until it feels natural.