The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

OFF BALANCE SHEET CONDUITS Definition & Legal Meaning

Definition & Citations:

The issuance of highly rated commercial papers is carried out by financial institutions through the use of this instrument. It is treated as a separate entity that is not registered on the balance sheet. The financial institution’s use of such instruments limits their disclosures while exposing them to the associated debts.


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