roundtripping


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roundtripping

(ˈraʊndˌtrɪpɪŋ)
n
(Banking & Finance) finance a form of trading in which a company borrows a sum of money from one source and takes advantage of a short-term rise in interest rates to make a profit by lending it to another
References in periodicals archive ?
Yes, when those transactions involve roundtripping and the company doesn't report them appropriately.
Because of egregious or careless reporting of barter or similar deals, responsible financial officials of companies conducting comparable yet legitimate arrangements should take special care in protecting their companies from being snagged in what I call a roundtripping "trap."
In a case involving Dynegy, Inc., however, the SEC didn't charge the company with intentional deception, though it did penalize the company for its roundtripping exercise.