What is BANKING A DEAL? Definition of BANKING A DEAL in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
Means making to one who wishes to consummate a deal a loan of money on collateral for a consideration which may consist of interest, a fee, or a part of the securities or property involved in the deal. Cray, McFawn & Co. v. Hegarty, Conroy & Co., D.C.N.Y., 27 F.Supp. 93, 99.
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That's the definition of BANKING A DEAL in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
