export credit
noun[U]
COMMERCE,FINANCEukusaloangiven to apersonorcompanywho hasexportedgoodswhile theywaitforpaymentfrom thebuyer:
Ineffect,importersofcapitalequipmentunder anexportcreditsystemareprovided, asbuyers, with fixed-termfundsatsubsidizedinterestrates.
See also
export insurance