22:50 Aug 19, 2021 |
Romanian to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Mihaela Buruiana Romania Local time: 14:38 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 | Forfaiting |
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Forfaiting Explanation: Forfaiting is originally a French word, meaning to relinquish a right. The term implies a transaction where the forfaiter purchases claims (receivables) from the exporter in return for cash payment. https://www.investopedia.com/terms/f/forfaiting.asp Reference: http://www.efin.ro/credite/glosar_economic_F/forfetare.html |
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