multi-option financing facility (MOFF)


Credit lines that are accompanied by option contracts to provide more variety to borrowers in standard currencies. It is typically used for short-term advances and in the euro market. The credit for multi-option financing facilities is assured, and the line of credit is normally syndicated. Also called multiple component facility or multi-option facility.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
multinational netting multi-peril policies