Buyer credit(redirected from Buyers' Credits)
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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved