bilateral credit Meaning in Cambridge Business English Dictionary
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Meaning of "bilateral credit" - Business English Dictionary

bilateral credit

noun [U]
 
 
MONEY
a situation in which two people or groups agree not to ask for debts to be paid for a particular period of time: Risks may be controlled centrally by obliging a participant to establish a bilateral credit limit with every other participant.
(Definition of bilateral credit from the Cambridge Business English Dictionary © Cambridge University Press)
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