Probably a stupid question (CMLTD vs CPLTD
My bank, as I'm sure like many others, likes to use various finance terms that can have different definitions based on who you ask. Ideally, you'd think there'd be a no shit definition in policy or something, but even there you'll see conflicting info.
Here's my question: are CMLTD and CPLTD interchangeable? I've seen it used interchangeably but I've always associated CMLTD to include bond debt - this may have been a wrong assumption on my part but its the truth.
John Pierpont, sorry there are no responses yet. Maybe one of these topics can point you in the right direction:
Fingers crossed that one of those helps you.
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