Project finance: Difference between revisions
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* [[Infrastructure]] | * [[Infrastructure]] | ||
* [[Recourse]] | * [[Recourse]] | ||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
Revision as of 09:14, 13 December 2016
(PF).
A term financing arrangement, usually on a limited recourse basis, under which funds are lent for a specified project against the security of the project cash flows.
The project itself is normally a long-term one, relating to infrastructure, public services or a large industrial undertaking.
