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Export Credit Agency
Export Credit AgencyAn agency established by a country to finance its nation's goods, investment, and services, often offers political risk insurance. RELATED TERMS-------------------------------------- Agency An account between two broker/dealers that remains intact 30 days after the settlement date. Finance Funds and their provision and management; to provide funds. Investment The purchase of materials, machines, property, securities, etc. in order to produce income or profits. Services Activities offered for sale to customers, (advice, transport, banking, insurance, restaurants, hotel rooms, etc.) Risk The possibility of loss; the amount that one may lose when investing. Insurance A contract in which payment of premiums covers the insured against something which may, or may not occur. SIMILAR TERMS-------------------------------------- Export To sell goods or services to another country. Export Commodity Control List A listing administered by the U.S. Department of Commerce of items requiring validated export licenses for shipment to some or all countries. Export Credit Guarantee Guarantee from the UK Export Credit Agency. Export Development Corp. Canada's Export Credit Agency. Export Finance Insurance Corp. Australia's Export Credit Agency. Export financing interest Interest income derived from goods manufactured in the U.S. and sold outside the U.S. as long as not more than 50% of the value is imported into the U.S. Export License Permission from the exporter's government to export specific merchandise to a particular country. Export management company A foreign or domestic company that acts as a sales agent and distributor for domestic exporters in international markets. Export Management Consultant (EMC) A company serving as the export department of other firms. Normally, EMC's work on a commission basis and do not take title to the goods they export. Export Trading Company (ETC) A company serving as the export department of other firms. They usually take title, risk and responsibility for the goods they export. Export- Import Bank (Ex-IM Bank) The U.S. federal government agency that extends trade credits to U.S. companies to facilitate the financing of U.S. exports. Exports Goods or services sold to parties in foreign countries. Expost average rate of return The historical mean percentage an asset has yielded. Exposure netting Offsetting exposures in one currency with exposures in the same or another currency, when exchange rates are expected to move in such a way that losses or gains on the first exposed position should be offset by gains or losses on the second currency exposure. PREVIOUS AND NEXT TERMS-------------------------------------- Explicit bankruptcy costs Specific costs incurred during the bankruptcy process such as legal fees, court costs, consultants' fees, and document preparation expenses. Explicit tax A tax specifically collected by a government; includes income, withholding, property, sales, and value-added taxes and tariffs. Exploding term sheet Venture capital jargon. Often a proposed term sheet might explode or be null and void in a fixed period set to negotiate the final contract. Export To sell goods or services to another country. Export Commodity Control List A listing administered by the U.S. Department of Commerce of items requiring validated export licenses for shipment to some or all countries. Export Credit Agency Export Credit Guarantee Guarantee from the UK Export Credit Agency. Export Development Corp. Canada's Export Credit Agency. Export Finance Insurance Corp. Australia's Export Credit Agency. Export financing interest Interest income derived from goods manufactured in the U.S. and sold outside the U.S. as long as not more than 50% of the value is imported into the U.S. Export- Import Bank (Ex-IM Bank) The U.S. federal government agency that extends trade credits to U.S. companies to facilitate the financing of U.S. exports. We thank you for using the Financial Dictionary to search for Export Credit Agency. If you have a better definition for Export Credit Agency than the one presented here, please let us know by making use of the suggest a term option. This definition of Export Credit Agency may be disputed by other professionals. Our attempt is to provide easy definitions on Export Credit Agency and any other medical topic for the public at large.
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