Forfaiting and Green crime: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
 
imported>Doug Williamson
(Create page. Sources: Linked pages.)
 
Line 1: Line 1:
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.
''Environmental, social and governance concerns (ESG) - law - crime.''


 
Colloquial name for ''environmental crime''.
A forfaiter, usually a bank or a non-bank financial institution, provides forfaiting services.
 
The forfaiting agreement sets out the arrangement between the initial seller and the primary forfaiter.
 
 
Forfaiting is sometimes known as 'bill discounting'.
 
 
One application is the discounting - without recourse - of a promissory note, bill of exchange or letter of credit received from an overseas buyer by an exporter.
 
 
Forfaiting purchases qualified, select, individual transactions (in contrast with factoring which normally purchases all of a firm's receivables).




== See also ==
== See also ==
* [[Aval]]
* [[Environmental concerns]]
* [[Bill of exchange]]
* [[Environmental crime]]
* [[Bill discounting]]
* [[Green]]
* [[Factoring]]
* [[Law]]
* [[ITFA]]
* [[Sustainability]]
* [[International Trade and Forfaiting Association]]
* [[Negotiable instrument]]
* [[Promissory note]]
* [[Recourse]]
* [[Supply chain finance]]
* [[Uniform Rules for Forfaiting]]
* [[Without recourse]]


[[Category:Cash_management]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:The_business_context]]
[[Category:Liquidity_management]]
[[Category:Compliance_and_audit]]
[[Category:Trade_finance]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Latest revision as of 23:56, 31 August 2021

Environmental, social and governance concerns (ESG) - law - crime.

Colloquial name for environmental crime.


See also