Financial Assistance - Definition - Law Dictionary Home Dictionary Definition financial-assistance

Definition :

Financial assistance, means any loan or advance granted or any debentures or bonds subscribed or any guarantees given or letters of credit established or any other credit facility extended by any bank or financial institution. [Securitisation and Reconstru- ction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2(1)(k)]