Free Carrier and Risk mitigation: Difference between pages

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imported>Doug Williamson
(Create page. Sources: The Treasurer, December 2019, p41 and World Class shipping webpage http://www.worldclassshipping.com/incoterm_fca.html)
 
imported>Doug Williamson
(Added First line of defence to See also)
 
Line 1: Line 1:
''Incoterms''.
The use of techniques to reduce the likelihood or the potential size of adverse effects on the organisation. (But without avoiding or transferring the risk entirely.)


(FCA).
For example, requiring collateral from borrowers in order to mitigate credit risk.


"Free Carrier" means that the seller fulfils its obligation to deliver when it has handed over the goods, cleared for export, into the charge of the carrier named by the buyer at the named place or point.


== See also ==
* [[Collateral]]
* [[Credit risk]]
* [[First line of defence]]


==See also==
[[Category:Financial_risk_management]]
* [[COD]]
[[Category:Risk_frameworks]]
* [[CIF]]
* [[DPU]]
*[[FCA]]
* [[ICC Incoterms 2020]]
*[[International trade]]
*[[Trade finance]]
* [[Transport documents]]
* [[UCC]]
 
[[Category:Financial_products_and_markets]]
[[Category:Trade_finance]]

Revision as of 09:42, 5 August 2015

The use of techniques to reduce the likelihood or the potential size of adverse effects on the organisation. (But without avoiding or transferring the risk entirely.)

For example, requiring collateral from borrowers in order to mitigate credit risk.


See also