parallel financing
Defined in 2 places of the United States Code.
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.
Source
- 1994–present12 U.S.C. § 635IBanks and Banking · Tied Aid Credit Fund and program · for purposes of this section
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
Source
- 1994–present12 U.S.C. § 635TBanks and Banking · Definitions · for purposes of this subchapter