confirming house

Definition

Firm in an exporter's country which acts as an agent and guarantor for an importer, and pays the exporter's invoice on behalf of the importer thus eliminating the credit risk.

Popular 'Banking, Commerce & Finance' Terms

confirming house in the news

Loading...

This content can be found on the following page:

http://www.businessdictionary.com/definition/confirming-house.html

Search for another term



Tools

confirming house is...

... in the Banking, Commerce & Finance and International Trade & Relations subjects.

Nearby Terms

Search volume for confirming house

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z