primary forfaiter

primary forfaiter
An individual or financial entity that arranges a forfaiting transaction directly with an exporter and then holds or sells on the payment obligations of the importer/ guarantor. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • forfaiter — Purchaser of promises to pay issued by importers. Bloomberg Financial Dictionary ( primary) forfaiter An individual or financial entity that arranges a forfaiting transaction directly with an exporter and then holds or sells on the payment… …   Financial and business terms

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