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off-balance-sheet financing
off-bal·ance-sheet fi·nan·cing


noun 
Definition:
 
indirect acquisition of capital: obtaining capital without borrowing or issuing stock, e.g. through joint ventures or operating leases
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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