Co-branding

A form of cooperation between two or more brands with significant customer recognition, in which all the participants´ brand names are retained. The products are often complimentary, in the way that one product can be used or consumed jointly with…

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COFACE country risk

Country risk classification provided by the French company COFACE (Compagnie Française d’Assurance pour le Commerce Extérieur), world leader in export insurance that is very useful to know the country risk and the business climate in 160 countries. It offers a…

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Collateral

An interest in property given by a debtor to a creditor in order for the creditor to secure payment of the debt. For example, an applicant for a letter of credit might pledge the goods for which the credit is…

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Collect charges

In shipping, the transportation practice under which the receiver of the goods pays charges.

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Collecting bank

Any bank, other than the remitting bank, that is involved in processing a collection. In collection terminology the remitting bank is the bank to which the drawer has entrusted the handling of a collection, usually the drawer´s bank of account.

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