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Trade credit |
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Trade credit1. An amount that is loaned to an exporter to be repaid when the exports are paid for by the foreign importer. 2. Credit extended by an exporter to an importer, permitting them to pay at some time after they take delivery.Trade creditCredit one firm grants to another firm for the purchase of goods or services.Trade credit Similar MatchesLine of creditLine of creditAn informal loan arrangement between a bank and a customer allowing the customer to borrow up to a prespecified amount. Tax creditTax creditA direct dollar-for-dollar reduction in tax allowed for expenses such as child care and R&D for building low-income housing. Compare tax deduction. Export Credits Guarantee DepartmentExport Credits Guarantee DepartmentThe government department which helps companies finance exports, mainly by insuring them against the possibility of non-payment by their customers. Credit linked securityCredit linked securityA note whose cash flow depends upon a credit event or credit measure of a referenced entity or asset such as default, credit spread, or rating change. The manager would purchase such a note to hedge against possible down grades, or loan defaults that would guarantee payment into the portfolio of the manager even if moneys on referenced assets are reduced. Sight Letter of CreditSight Letter of CreditA letter of credit made payable to a beneficiary upon presentation to the opener of conforming documents. Further SuggestionsComparative credit analysisBackup Line of Credit Credit agencies National Credit Union Administration Credit averse Consumer credit credit rating Credit history Credit bank giro credit Confirmed Letter of Credit secured creditor Purpose credit Credit enhancement Credit union Close end credit Demand line of credit Unconfirmed Letter of Credit Evergreen credit Credit Standards Nonaccredited investor Loose credit Creditor Best interests of creditors test Eurocredit market |
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