Lead

From ACT Wiki
Revision as of 19:37, 3 July 2014 by imported>Doug Williamson (Categorise the page.)
Jump to navigationJump to search

To prepay a debt.

A company with a subsidiary in a country with soft currency may encourage the subsidiary to prepay money due to countries with harder currency to avoid the adverse impact on cash flow of devaluation by the country with soft currency.

See also