the ECGD
noun
COMMERCE,GOVERNMENTukusabbreviationforExport Credits GuaranteeDepartment: agovernmentorganizationthatprovidesBritishcompanieswithcreditinsurance(=insurancetopaybackmoneylentto someone that cannotpayit back)onexportedproducts:
The ECGD has beenbroughtintolinewith this government'seffortsondebtandinternationaldevelopment.