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Match-fund

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Match-fund
A bank is said to match-fund a loan or other asset when it does so by buying (taking) a deposit of the same maturity. The term is commonly used in the Euromarket.


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But, Coun Mann stressed that the grants on offer would not fully fund all new schemes: "We would like to see this money used to match-fund money raised within communities.
 
 
 
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