trade finance

trade finance
The use of bankers' credits to secure the obligations of one or more parties to a trade deal. Instruments such as letters of credit, bonds and bank guarantees can be used to secure payment of extended credit, required particularly in overseas trade.

Easyform Glossary of Law Terms. — UK law terms.

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  • trade deficit — ➔ deficit * * * trade deficit UK US noun [C, usually singular] (also trade gap) ECONOMICS, COMMERCE, FINANCE ► a situation in which the value of goods that a country imports is more than the value of goods it exports, or the size of this… …   Financial and business terms

  • trade surplus — UK US noun [countable] [singular trade surplus plural trade surpluses] economics a situation in which a country is selling more to other countries than it is buying from them Thesaurus: international trade …   Useful english dictionary

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