transfer certificate
C1CEFR level
75/100Rarity: rare
TechnicalRegister
The document executed under a syndicated facility to effect the transfer of a lender's rights and obligations to an incoming lender, usually by novation.
The incoming fund became a lender once the transfer certificate took effect on the transfer date.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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