swap de créances contre espèces
- Domaine
-
- finance
Terme :
- swap de créances contre espèces n. m.
Traductions
-
anglais
Auteur : Banque mondiale / World Bank,Définition
Exchange of debts for cash. This is done through the secondary market of bank claims where a country's debt can be sold for cash at a discount.
Note :
Mainly used so far in Chile. Note that the actual Chilean process is called adquisicion de titulos de la deuda externa. In ecuador they use the term sucretization to describe the process of converting foreign debt into the Ecuadorian sucre.
Terme :
- debt-for-cash swap