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Off Balance Sheet

Revision as of 00:00, 1 August 2005 by Reuters (Talk | contribs)
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An obligation entered into by a company that does not have to be shown on the balance sheet, such as leases and project finance. With banks, where the money earned is fee-based, examples include trading of swaps, options and letters of credit.

See also: L/C, Option, Swap

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