Buyer credit

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Buyer credit

A financing provided to a buyer to pay for the supply of goods or services usually by an exporting country or by the supplier company.

Buyer Credit

A credit given to an importer's account by the recipient of a letter of credit (that is, a bank) in exchange for on-time payment. The originator of the letter of credit (the importer's own bank) may negotiate with the recipient for buyer credits.
References in periodicals archive ?
These projects are part of four and half years reconstruction project with the allocation of US $ 300 in the shape of Preferential Buyers Credit Loan for reconstruction activities in Muzaffarabad, AJK.
Lorena Teer, president of the Eugene Realtors Association, said the first-time buyers credit did a lot to stabilize the local real estate market.
Owner financing subject to owners approval of buyers credit report and acceptable collateral.
The ABLI believes the repeal of the passive loss rules will create more low-income housing than the credit program * A capital gains tax rate reduction which would benefit the economy and encourage capital formation for new enterprises should be passed * The first time home buyers credit advanced by the Bush Administration to encourage home purchases should be enacted.
These projects are part of four and half year reconstruction project with the allocation of US $ 300 in the shape of Preferential Buyers Credit Loan for reconstruction activities in Muzaffarabad, AJK.
The agreement is partly financed through a buyers credit offered by Ericsson Project Finance.
For the merchant, MCI WebSite-Commerce does the complete transaction: sales tax, delivery charges, and charging the buyers credit card account.
Owner is willing to finance depending on buyers credit and experience.