Talk:forfait

forfaiting: international trade credit facility

international trade credit facility: the purchase of an exporter's trade receivables by a third party at a discount. This party then collects payment from the importer with the shipped goods serving as collateral. 
[< Old variant of forfeit]
Microsoft® Encarta® 2009

--Backinstadiums (talk) 18:10, 2 May 2020 (UTC)