Euro Line

(redirected from Euro-Line)

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.
Mentioned in ?
References in periodicals archive ?
They also signed an agreement on granting a 200 mln euro-line of credit meant to fund public projects carried out by Portuguese businesses, as well as an addendum on granting a 100 mln euro-line of credit.
Morocco, Portugal Ink Nine Cooperation Agreements
Intercontinental Hotels Group and Leger Holidays join the ten launch partners (Air Berlin, The Airline Network, Dertour, DFDS Seaways, Euro-lines, Peter Deilmann River & Ocean Cruises, Rezidor SAS Hospitality Group, Stena Line, Travel Renaissance Holidays and Travelscope Holidays) to provide an even larger selection of attractive holiday offers to Germany.
CONCIERGE

Financial browser ?
Full browser ?