trade finance definition
trade finance means financing, including guarantees, connected to the exchange of goods and services through financial products of fixed short-term maturity, generally of less than one year, without automatic rollover;
trade finance includes, but is not limited to, international/domestic letters of credit, import charge, lading guarantee, import collection charge, packaged release, export charge, export negotiation, export collection charge, import/export remittance financing, credit guarantee financing, factoring, bill factoring and other business types.
trade finance means financing, including guarantees, connected to the exchange of goods and services through financial products of fixed short-term maturity (generally less than 1 year) without automatic rollover, such finance is generally uncommitted and requires satisfactory supporting transactional documentation for each drawdown request enabling refusal of the finance in the event of any doubt about credit-worthiness or the supporting transactional documentation; repayment of trade finance exposures is usually independent of the borrower; the funds instead coming from cash received from importers or resulting from proceeds of the sales of the underlying goods.
More Definitions of trade finance
trade finance means Letter of Credit (including import and export); Letters of Guarantee (including Performance Bond; Tender Bonds; and Payment Guarantees); and Collection.
trade finance means financing connected to the exchange of goods and services through financial products of fixed short-term maturity (generally less than 1 year) without
trade finance means any Indebtedness or obligation of a person, including (for the avoidance of doubt) letters of credit, other non-cash investments, margin calls or loans, and guarantees, incurred to finance, pre-finance or execute the trading activities of the Trading Co Group (including, without limitation, the purchase, storage, shipment, transportation or distribution and other (whether physical or derivative) commodities transactions (including, without limitation, working capital facilities, revolving credit facilities, recourse or non- recourse discounting of receivables, prepayment transactions, reserve based lending, and inventory, trade receivable and borrowing base financing and securitisation of receivables or inventory)) entered into the ordinary course of business.
trade finance means the loan type described on the Site by the same name and mentioned in the Facility Letter.
trade finance means the amount paid by ITOCHU, for the benefit of TFH, for the production, import and delivery of Merchandise to TFH, and all costs and expenses incurred in connection therewith.
trade finance means trade related financing and/or documentary services from time to time provided by the Bank, including but not limited to documentary credits, import collection, standby letter of credit and guarantee, discount of export bills, export collection, letter of credit advising and confirmation, shipping guarantee or trust receipt, import finance, letter of credit negotiation, packing loan, letter of credit transfer and export finance. “User” means any person nominated as a User (Maker), User (Checker),User (Approver) or User (Manager) by the System Administrator in such manner as may be prescribed by the Bank and given the authority to access and use the Services and perform the functions stipulated in Clauses 4.4 or 4.5 (as the case may be);
trade finance. Standard Chartered Trade Services Corporation ("SCTSC") will offer $175,000,000 of funding under the SCTSC Purchase Agreements referred to below. Collateral Agent: SCB will act as collateral agent (the "Collateral Agent") on behalf of the LC Issuer, the LC Participants, SCTSC, the Term Lenders and the Administrative Agents. Letter of Credit Upon entry of the Second Interim Financing Order (as Facility: defined below), the LC Issuer and LC Participants will provide the Borrowers with a $325,000,000 letter of credit facility (the "LC Facility"). Letters of credit issued thereunder are the "Letters of Credit;" Letters of Credit outstanding in excess of $300,000,000 (up to a maximum amount of $325,000,000) are the "Tier A Letters of Credit" and Letters of Credit outstanding in the aggregate amount of $300,000,000 or less are the "Tier B Letters of Credit".