International Credit
/ˌɪntərˈnæʃənəl ˈkrɛdɪt/
Definitions
- (n.) A financial arrangement enabling cross-border lending or borrowing between parties from different countries, typically governed by international finance laws.
The company secured international credit to fund its overseas expansion.
- (n.) The recognition and acceptance of a debtor's creditworthiness by foreign banks or institutions facilitating trade finance or investments.
International credit facilitated the import-export transaction through letters of credit.
Forms
- international credit
Related terms
See also
Commentary
Term often appears in contexts involving cross-border financial transactions; clarity in specifying the context (trade, investment, banking) enhances precision.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.