DEFINITION of 'Trade Finance'

Any form or currency to any other form of currency.
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DEFINITION of 'Trade Finance'

Postby rianadnan » Fri Nov 20, 2015 2:04 pm

The financing of international trade. Trade finance includes such activities as lending, issuing letters of credit, factoring, export credit and insurance. Companies involved with trade finance include importers and exporters, banks and financiers, insurers and export credit agencies, as well as other service providers. Trade finance is of vital importance to the global economy, with the World Trade Organization estimating that 80 to 90% of global trade is reliant on this method of financing.
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Re: DEFINITION of 'Trade Finance'

Postby babu543 » Fri Dec 04, 2015 3:51 pm

Trade finance signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade
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