- Discounting without recourse
- خصم بدون حق الرجوع ، شراء قَطْعِيّ لأوراق تجارية
English-Arabic economic glossary.
English-Arabic economic glossary.
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forfaiting — A form of debt discounting for exporters in which a forfaiter accepts at a discount, and without recourse, a promissory note, bill of exchange, letter of credit, etc., received from a foreign buyer by an exporter. Maturities are normally from one … Accounting dictionary
forfaiting — A form of debt discounting for exporters in which a forfaiter accepts at a discount, and without recourse, a promissory note, bill of exchange, letter of credit, etc. , received from a foreign buyer by an exporter. Maturities are normally from… … Big dictionary of business and management
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