What does import credit mean?
Definitions for import credit
im·port cred·it
This dictionary definitions page includes all the possible meanings, example usage and translations of the word import credit.
Princeton's WordNet
import creditnoun
credit opened by an importer at a bank in his own country upon which an exporter may draw
ChatGPT
import credit
Import credit is a type of credit facility offered by financial institutions to importers to finance the purchase of goods, materials, and services from overseas suppliers. This credit helps importers to manage their cash flow effectively as they can delay payment until the goods have been received and possibly sold. The terms and conditions of import credit, such as the credit limit and repayment period, typically depend on the financial capacity of the importer, their relationship with the bank, and the nature of the goods being imported.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of import credit in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of import credit in Pythagorean Numerology is: 6
Translation
Find a translation for the import credit definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
Style:MLAChicagoAPA
"import credit." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/import+credit>.
Discuss these import credit definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In