English version

export credit in Banking topic

From Longman Business Dictionaryexport creditˈexport ˌcredit [countable, uncountable]BANKINGCOMMERCE money lent to an exporter to cover the period of time between producing and sending the goods to the country buying them and being paidGovernments subsidize export credit through official guarantees and below-market interest rates.Export credit agencies (=organizations that specialize in lending in this way) provide insurance against damage during shipping. credit