forfaiting
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forfaiting [ˈfɔːˌfeɪtɪŋ]

(Economics, Accounting & Finance / Banking & Finance) the financial service of discounting, without recourse, a promissory note, bill of exchange, letter of credit, etc., received from an overseas buyer by an exporter; a form of debt discounting

[from French forfaire to forfeit or surrender]

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forfaiting (redirected from Forfaits)

forfaiting
(redirected from Forfaits)