Akademik

export credit
export credit export credit credit1

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export credit UK US noun [U] COMMERCE, FINANCE
a loan given to a person or company who has exported goods while they wait for payment from the buyer: »

In effect, importers of capital equipment under an export credit system are provided, as buyers, with fixed-term funds at subsidized interest rates.

See also EXPORT INSURANCE(Cf. ↑export insurance)

Financial and business terms. 2012.