Elsevier's dictionary of export financing and credit insurance
Peter Dorscheid
Abstract
Peter Dorscheid
Abstract
International trade has grown a great deal since the Second World War. This development would not have been possible if exporters had not increasingly offered credits to finance their deliveries. Supplier credits as well as buyer credits are becoming more and more significant; the securing of export credits through some kind of guarantee, collateral and export credit insurance has become a key factor in the world debt situation today, not only for exporters and importers, export financing banks and specialized financing institutions, but also for export credit agencies as well as for the national and international authorities. This dictionary is a collection of about 2100 technical terms which was compiled by a practitioner over some 15 years of international experience in order to give assistance to other practitioners in the export trade, the export financing and the credit insurance business. It is the first dictionary publicly available which covers the specific terms of export credit insurance. As well as covering the traditional techniques it also reflects new developments in export trade, export financing and also private and public export credit insurance in recent years up to the end of 1988. Terms are given in English, German and French which are the languages most widely used in the world of international trade and financing.
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International trade has grown a great deal since the Second World War. This development would not have been possible if exporters had not increasingly offered credits to finance their deliveries. Supplier credits as well as buyer credits are becoming more and more significant; the securing of export credits through some kind of guarantee, collateral and export credit insurance has become a key factor in the world debt situation today, not only for exporters and importers, export financing banks and specialized financing institutions, but also for export credit agencies as well as for the national and international authorities. This dictionary is a collection of about 2100 technical terms which was compiled by a practitioner over some 15 years of international experience in order to give assistance to other practitioners in the export trade, the export financing and the credit insurance business. It is the first dictionary publicly available which covers the specific terms of export credit insurance. As well as covering the traditional techniques it also reflects new developments in export trade, export financing and also private and public export credit insurance in recent years up to the end of 1988. Terms are given in English, German and French which are the languages most widely used in the world of international trade and financing.
Key concepts: Export credit agency, Collateral, Trade finance, Business, Finance, Debt, German, Financial system