memorandum of deposit
noun[C]
FINANCEukusa writtenagreementbetween apersonorcompanythatborrowsmoneyand thebanklendingthemoneyin which theborrowerpromisesto give thebanksharesthey own and haveleftwith thebank, if theyfailtopayback theloan
单词 | memorandum of deposit |
释义 | memorandum of deposit noun[C] FINANCEukusa writtenagreementbetween apersonorcompanythatborrowsmoneyand thebanklendingthemoneyin which theborrowerpromisesto give thebanksharesthey own and haveleftwith thebank, if theyfailtopayback theloan |
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