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credit to importer

См. также в других словарях:

  • credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… …   Financial and business terms

  • Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… …   Financial and business terms

  • Buyer's credit — Buyers credit (Buyer s Credit) In the usual practice, an importer requests his bank to open a Letter of Credit. When the Letter of Credit is honoured i.e, when the importer s Bank makes payment on behalf of the importer, the importer reimburses… …   Wikipedia

  • letter of credit — An obligation issued by a bank on behalf of a bank customer to a third party. There are many different kinds of letters of credit. The two most common are commercial letters and standby letters. A commercial or trade letter of credit is a bank… …   Financial and business terms

  • letter of credit — documentary credit A letter from one banker to another authorizing the payment of a specified sum to the person named in the letter on certain specified conditions. Commercially, letters of credit are widely used in the international import and… …   Accounting dictionary

  • letter of credit — documentary credit A letter from one banker to another authorizing the payment of a specified sum to the person named in the letter on certain specified conditions (see letter of indication). Commercially, letters of credit are widely used in the …   Big dictionary of business and management

  • irrevocable documentary acceptance credit — A form of irrevocable confirmed letter of credit in which a foreign importer of UK goods opens a credit with a UK bank or the UK office of a local bank. The bank then issues an irrevocable letter of credit to the exporter, guaranteeing to accept… …   Big dictionary of business and management

  • export credit — noun a credit opened by an importer with a bank in an exporter s country to finance an export operation • Hypernyms: ↑credit * * * noun : a credit opened by an importer with a bank in the country of an exporter to finance an export transaction… …   Useful english dictionary

  • import credit — noun credit opened by an importer at a bank in his own country upon which an exporter may draw • Hypernyms: ↑credit * * * noun : a credit which is opened by an importer with a bank in his own country and upon which the exporter he deals with may… …   Useful english dictionary

  • Export credit agency — Export credit agencies, known in trade finance as ECAs, are private or quasi governmental institutions that act as intermediaries between national governments and exporters to issue export financing. The financing can take the form of credits… …   Wikipedia

  • documentary credit — /ˌdɒkjumɛntri ˈkrɛdət/ (say .dokyoohmentree kreduht) noun a credit established by a banker at the request of an importer, under which the banker s name is used as drawee of bills of exchange covering the cost of goods sold to the importer, such… …  

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