Lombard Loans
Summary of Lombard Loans
Short-term loans in Britain and some European countries secured by bonds or corporate securities; the rate of such loans is slightly higher than the commercial loan rate.
(Main Author: William J. Miller)
Short-term loans in Britain and some European countries secured by bonds or corporate securities; the rate of such loans is slightly higher than the commercial loan rate.
(Main Author: William J. Miller)
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