Round tripping: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Classify page.) |
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* [[Overdraft]] | * [[Overdraft]] | ||
* [[Switching]] | * [[Switching]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 08:42, 2 July 2022
1.
An opportunity to undertake arbitrage which arises when a bank's customer can draw from overdraft facilities and deposit the proceeds in the money markets at rates which exceed the cost of the overdraft.
2.
More generally, a series of transactions containing a self-cancelling or circular element, usually undertaken to make an arbitrage gain or to enjoy some other advantage.
