Multicurrency clause
(redirected from Multicurrency Clauses)Multicurrency clause
Such a clause on a Euro loan permits the borrower to switch from one currency to another currency on a rollover date.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Multicurrency Clause
A clause in some eurocurrency loan agreements allowing the borrower to begin making payments in another currency at some point in the future, at his/her discretion.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved