Question
Lines of credit and buyer’s credit.
Answer :
Word Count : 168
| Aspect | Line of Credit | Buyer’s Credit |
|---|---|---|
| Definition | A pre-approved credit facility extended by a financial institution to exporters/importers. | A short-term loan provided to importers by a financial institution or bank to pay for imported goods. |
| Initiated By | Exporter (or seller) | Buyer (or importer) |
| Usage in Export | Helps exporters ensure liquidity to meet __________ ____ ________ __________ __________ ___ ___ _____ ____. ___ ______ ________ _____ ______. _____ _____ ______ ______ ______ ______ ______ ______ ______ ____ _____ _____. ______ ________ ___ ________ _______ __________ _____ __________ __________ ___ _________ _____. _____ ___ __________ ________ ________ _______ _____ ______ ______. ____ _________ _____ _______ ____ ____ __________ ________ _______. _________ _____ _________ _________ ___. ________ __________ _____ _____ _________ ________ ____ ___. ______ _________ ____ __________ ________ ____ ____. ______ ____ ______ ________ ______. ________ _________ _______ ___ _______ _________ ____ ______. ____ __________ _____ ______ ____ ___ __________. ____ __________ __________ _________ _______ _______ __________ ___ ______ ___ ______ ___. _______ _____ ___ ________ ___ _________ ______ ______. _______ __________ _______ __________ ____ _________ _______ _________ ____ ___. Get Full Answer on WhatsApp IGNOU NEWS Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★ Top |