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Euro Line |
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Euro Line A line of credit granted by a bank or other financial institution in a foreign currency. For example, a British bank may give a British client a line of credit denominated in U.S. dollars. A euro line may be useful if one has significant business dealings in another country and wishes to hedge one's foreign exchange risk. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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