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Economy
Pertaining to the system or range of economic activity in a country, region, or community.
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Economy > International trade
Devaluation
Economy; International trade
The official lowering of the value of one country's currency in terms of one or more foreign currencies. For example, if the U.S. dollar is devalued in relation to the French ...
Deferred payment credit
Economy; International trade
Type of letter of credit providing for payment some time after presentation of shipping documents by exporter.
Date draft
Economy; International trade
A draft that matures in a specified number of days after the date it is issued, without regard to the date of acceptance. See Draft, Sight draft, and Time draft.
Customs
Economy; International trade
The authorities designated to collect duties levied by a country on imports and exports. The term also applies to the procedures involved in such collection.
Customhouse broker
Economy; International trade
An individual or firm licensed to enter and clear goods through customs.
Credit risk insurance
Economy; International trade
Insurance designed to cover risks of nonpayment for delivered goods. Compare Marine insurance.
Sub-categories
- Ecommerce (149)
- Economic standardization (81)
- Economics (60867)
- Forex (918)
- International economics (35907)
- International trade (7996)