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单词 specific bank guarantee
释义

specific bank guarantee

specific bank guarantee An unconditional guarantee from the Export Credits Guarantee Department to a UK bank enabling that bank to finance an exporter’s medium-term credit to an export customer without recourse; the arrangement is known as supplier credit in contrast to the buyer credit under which the bank finances the overseas buyer to pay the exporter on cash terms.

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更新时间:2025/4/9 2:42:52