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  • The Financial Encyclopedia
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Finance

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  • 387
  • February 3, 2023
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Short-Term Roll-Over Note

A note, similar to commercial paper, which is used to finance project facilities. It comes at a lower interest cost than normal financing sources.

Such notes are typically used with back-up credit lines for long-term financing, with the estimated interest cost of the notes being inclusive of fees incurred on the back-up credit lines.


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