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单词 acceptance credit
释义

acceptance credit

Definition
One of the means by which international trade is financed. Under this arrangement, a bank (or an acceptance House) in the exporter's country sets up an acceptance credit facility (similar to a checking account) on behalf of a creditworthy importer. The exporter then can draw on this account up to its limit. Also called acceptance financing.
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更新时间:2025/5/9 2:47:03