Which of the Following Is a Method of Export/import Financing

question 29

Multiple Choice

Which of the following is a method of export/import financing?

• A) offset
• B) buyback
• C) switch trading
• D) documentary collection

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Definitions:

Debenture

A debt security issued by a corporation that may or may not have specific assets of the corporation pledged as security for payment.

Lien

With respect to goods, it is the right to retain the goods until payment is made.

Mortgagee

The lender or financial institution in a mortgage agreement, who holds the mortgage as a security for the loan provided to the borrower.

Construction Lien

A legal claim against a property by a contractor or subcontractor for unpaid work or materials.