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parallel financing

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 635I — for purposes of this section

The term “parallel financing” means financing provided by any combination of official development assistance, official export credits, and private commercial credit which is not integrated into a single agreement and does not have a single set of financial terms.

12 U.S.C. § 635T — for purposes of this subchapter

the term “parallel financing” means the related use of various combinations of separate lines of official development assistance, official export credits, and private commercial credit, not combined into a single package with a single set of financial terms, to finance exports; and

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