Various instruments used to settle payments for transactions between individuals or organizations using different currencies (e. g. notes, cheques, etc. )
The exchange of goods between two nations.
A form of export finance in which the forfaiter accepts, at a discount from the exporter, a bill of exchange or promissory note (note) from the exporter’s customer; the forfaiter in due course collects payment of the debt. Such notes are normally guaranteed by the customer’s bank. Maturities are normally up to three years.
A contract in which one party agrees to buy, and the other to sell, a specified product at a specified price on a specified date in the future.
Forward purchase or sale of foreign currency to offset an anticipated future cash flow.
Generally, a short-term debt that has been converted into long-term debt funding.
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