What is tenor in banking?

Definition: The length of time until a loan is due. For example, a loan is taken out with a two year tenor. After one year passes, the tenor of the loan is one year. read more

What is 'Tenor' Tenor in finance can have multiple usages, but it most commonly refers to the amount of time left for the repayment of a loan or until a financial contract expires. read more

The market was sidelined from bidding in the longer-dated tenor since funds were diverted for the most part to bank lending, to purchase foreign exchange for import requirements, to prepay loans, among other reasons. read more

Definition of tenor: Exact purpose and intent of a bill of exchange as judged from the words and figures used in its construction. read more