Especially in the English version in financial language – a transaction that takes place in the same way in the next deal that has already been agreed and is usually of the same type (transaction where all the commitments and accountabilities in one transaction are mirrored in a second contractually agreed deal). – Reciprocal loan where each partner borrows the same amount in its own currency (deal where a loan is made in one currency in one country against a loan in another country in another currency).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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