Category:Trade finance
From ACT Wiki
Trade finance - international trade.
Trade finance and international trade financing include the use of open account, export credit insurance, guarantees, supplier credits, buyer credits, and the use of different price bases and terms ('incoterms').
Trade finance also incorporates instruments and documentary credits such as letters of credit, acceptances, bills, and evidentiary documents such as bills of lading.
The scope of trade finance extends through domestic trade financing, supply chain finance and electronic systems, as well as the areas outlined above.
- Buyers' concerns - sellers' concerns
- In any transaction, there is a level of risk for both the buyer and the seller. The buyer's primary concern is the quality and timing of the goods received. The seller, on the other hand, is mostly concerned about getting paid.
- In order to ensure that each party to a trade has their objectives met, and to avoid business grinding to a halt, a series of risk management tools have been developed to enable transactions to be settled in good order.
- These tools are referred to collectively as trade finance solutions, and the payment terms inherent in the various products provide more or less protection to one other party in the transaction.
- Sarah Boyce, Associate Director of Education, ACT, The Treasurer, July 2015, p43.
See also
- Alternative Credit Council (ACC)
- Bank payment obligation
- Bill
- Bill of lading
- Buyer credit
- C2C
- CIF
- COD
- Department for Business and Trade (DBT)
- Documentary credit
- Documentary trade
- Export credit agency
- Export Credits Guarantee Department
- FECMA
- Finance
- Freight
- ICTF
- International trade
- Letter of credit
- Logistics
- Open account
- P2P
- Supplier credit
- Supply chain finance
- Trade
- Trade acceptance
...
Pages in category ‘Trade finance’
The following 96 pages are in this category, out of 301 total.
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R
S
T
- T+2
- Tender bond
- Tender guarantee
- Tender to contract cover
- Tenor
- Terms
- Terms of trade
- TFA
- Tier 1 supplier
- Tier 2 supplier
- Tier 3 supplier
- TPP
- TPP-11
- TPPA
- Trade acceptance
- Trade and Development Bank
- Trade deficit
- Trade finance
- Trade surplus
- Trading loan
- Transaction banking
- Transactional banking
- Transport documents
- Twenty-Foot Equivalent Unit
- Two factor system
U
- UCP
- UK
- UK Benchmarks Regulation
- UK Export Finance
- UKEF
- UNCITRAL
- UNDP
- Uniform Commercial Code
- Uniform Customs and Practice for Documentary Credits
- Uniform Rules for Forfaiting
- Union
- United Nations Commission on International Trade Law
- United States Agency for International Development
- United States Trade Representative
- Unsecured
- Unsecured debt
- URF800
- USAID