Parallel Loan

Business / Finance / Parallel Loan: A process whereby two companies in different countries borrow each other's currency for a specific period of time, and repay the other's currency at an agreed maturity for the purpose of reducing foreign exchange risk. Also referred to as back-to-back loans.

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation

Other Words for Parallel

Parallel Adjective Synonyms: similar, corresponding, congruent, analogous, analogic(al), correspondent, like, matching, homologous, coordinate, equivalent, coequal, proportional, proportionate, pari passu, mutatis mutandis, in proportion, uniform, contemporary or cotemporary
Parallel Noun Synonyms: analogue, match, homologue, equivalent, complement, counterpart, equal, coequal

Parallel Twin

Technology / Motorcycle / Parallel Twin: A two-cylinder engine configuration in which both cylinders are mounted side-by-side and across the frame. MORE

Parallel Wiring

Technology / Home Audio / Parallel Wiring: A circuit in which two or more devices are connected to the same source of voltage, sharing a common positive and negative point, so that each device receives the full applied voltage. MORE


Technology / Motors / Paralleling: When two or more DC motors are required to operate in parallel - that is, to drive a common load while sharing the load equally among all motors - they should have speed-torque characteristics which a MORE


Entertainment / Literature / Parallelism: When the writer establishes similar patterns of grammatical structure and length. For instance, 'King Alfred tried to make the law clear, precise, and equitable.' The previous sentence has parallel st MORE

Parallel Stance

Health / Pilates / Parallel Stance: When the feet, ankles, knees, and legs are aligned directly under the hip joints, with the toes pointing forward. For most people, the inner borders of the big toes will be 4 to 6 inches apart in para MORE

Parallel Shift In The Yield Curve

Business / Finance / Parallel Shift In The Yield Curve: A shift in economic conditions in which the change in the interest rate on all maturities is the same number of basis points. In other words, if the three month T-bill increases 100 basis points (one MORE