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Non-purpose
Translation of "non-purpose" into Russian
non-purpose
Noun
non-purpose
non-purposes pl
Used chiefly in regulatory contexts as shorthand for a non-purpose loan or extension of credit.
нецелевой кредит
финансы, регулирование Under Regulation U, the transaction was classified as a non-purpose.
Согласно Регламенту U, сделка была классифицирована как нецелевой кредит.
Additional translations
нецелевое
субстантивированное прилагательное; профессиональный жаргон non-purpose
Adjective
non-purpose
Typically used attributively in finance/regulatory language to describe credit or loans not intended for purchasing or carrying margin stock.
финансы, регулирование
He obtained a non-purpose loan secured by his brokerage account.
Он получил нецелевой кредит под залог своего брокерского счёта.
Definitions
non-purpose
Noun
A loan or extension of credit that is not intended for purchasing or carrying margin stock.
Under Regulation U, the transaction was classified as a non-purpose.
non-purpose
Adjective
Not intended for a particular specified purpose, especially not for purchasing or carrying margin stock under banking regulations.
He obtained a non-purpose loan secured by his brokerage account.