Where does “back-to-back loan” come from?
back-to-back loan (English) comes from English loan, from Scottish Gaelic lòn, from Middle Irish lon, from Old Irish lón, from Proto-Celtic *lawano-, from Proto-Indo-European lewH- — louse.
back-to-back loan (English): A transaction where a sum borrowed for one country is secured by a deposit of the same company (internal financing) or its stakeholder (external financing) at the same or two different operating companies of the lending financial institution (which may have different legal consequences under taxatio
Definitions
- A transaction where a sum borrowed for one country is secured by a deposit of the same company (internal financing) or its stakeholder (external financing) at the same or two different operating companies of the lending financial institution (which may have different legal consequences under taxatio
Ancestry of “back-to-back loan”, step by step
back-to-back loan traces back through two separate lines of ancestry.
via English loan
| Step | Language | Word | Meaning |
|---|---|---|---|
| 1 | English | loan | An act or instance of lending, an act or instance... |
| 2 | Scottish Gaelic | lòn | pool |
| 3 | Middle Irish | lon | — |
| 4 | Old Irish | lón | fat; provision, food, victuals, sustenance; feast |
| 5 | Proto-Celtic | *lawano- | — |
| 6 | Proto-Indo-European | lewH- | louse |
via English back-to-back
| Step | Language | Word | Meaning |
|---|---|---|---|
| 1 | English | back-to-back | sequential or consecutive; With one's back facing... |