Buyer credit

(redirected from Buyers' Credits)

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 ?
The funds are provided as a buyers' credits for exports.
JBIC independently decided on 20 October to offer approximately $696mn of buyers' credits to Turkmenhimiya, which will be in addition co-financed by four private banks that will take total funding up to around $1.