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imported>Doug Williamson |
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| A process of purchasing a negotiable instrument without recourse to previous holders, the credit of the negotiable instrument normally having been strengthened by the additional of an aval.
| | Liquidation and Payout. |
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| A forfaiter, usually a bank or a non-bank financial institution, provides forfaiting services.
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| The forfaiting agreement sets out the arrangement between the initial seller and the primary forfaiter.
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| Forfaiting is sometimes known as 'bill discounting'.
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| == See also == | | == See also == |
| * [[Aval]] | | * [[Liquidation and Payout]] |
| * [[Bill of exchange]]
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| * [[Bill discounting]]
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| * [[ITFA]]
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| * [[Negotiable instrument]]
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| * [[Promissory note]]
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| * [[Recourse]]
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| * [[Without recourse]]
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Revision as of 12:05, 30 May 2013
Liquidation and Payout.
See also
