Meaning Of The Word Forfaiting

Real Dictionary

What's the definition of Forfaiting? Find Forfaiting meanings, definitions and more at the Real Dictionary online.

Forfaiting Meaning

Forfaiting Definition
Forfaiting Definition

What's The Definition Of Forfaiting?

forfaiting in British English
noun: the financial service of discounting, without recourse, a promissory note, bill of exchange, letter of credit, etc, received from an overseas buyer by an exporter; a form of debt discounting

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