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FrançaisThe purchase by the forfaiter of an exporter´s accounts receivable which are based on negotiable instruments such as bills of exchange and promisory notes. In contrast to factoring, forfaiting involves a series of independent, medium-to-longer-term obligations of higher value. Since…
Read MoreForklift trucks
A motorized truck equipped with two hydraulically powered forks that can lift, move and position skidded or palletized cargo.
Read MoreForward exchange contract
A contract for the delivery of a specified amount of a named currency at a specified future date in return for a specified amount of another named currency. Forward exchange contracts enable importers and exporters who will make and receive…
Read MoreForward exchange option
A contractually agreed right to buy (put) or to sell (call) a specific amount of one currency for a specified amount of another predetermined future date (European option) or up to a predetermined future date (American option). Like forward exchange…
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