Backup Line definitions

Backup line

A commercial paper issuer`s bank line of credit covering maturing notes if, for some reason, selling new notes to cover the maturing notes is not possible.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosb.htm

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Backup Line

A commercial paper issuer's bank line of credit covering maturing notes if, for some reason, selling
Found on http://www.encyclo.co.uk/local/22402

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