Eurocredit

Eurocredit is a floating-rate bank loan, available in most major trading currencies, that are tied to LIBOR.

Definitions

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Eurocredits. Floating-rate bank loans, available in most major trading currencies, that are tied to LIBOR.

Related concepts

• Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.

Related lectures

• Introduction to Financial Management.