A B C D E F G H I K L M N O P R S T U V
D/ Da De Di Do Dr Du
Def Del Dem Dep Dev

Default

In international trade, default is failure to meet the legal obligations (or conditions) of a loan. A national sovereign default is the failure or refusal of a government to repay its national debt. Default can be of two types: Debt services default: occurs…

Read More

Del credere

As relates to international commercial agency relationships, a del credere agent is one who guarantees the ability to pay prospective clients he or she has brought to the principal; in exchange, the del credere agent is usually accorded a higher…

Read More

Demand guarantee

A guarantee issued by a bank, under which the beneficiary is only required to make a demand in order to receive payment. In contrast to the conditional guarantee – which require the beneficiary to provide proof of the principal´s default…

Read More

Depreciation

In foreign exchange, the decline in value of one currency in relation to another currency.

Read More