Forfaiting
/ˈfɔːˌfeɪtɪŋ/
noun
1.
the financial service of discounting, without recourse, a promissory note, bill of exchange, letter of credit, etc, received from an overseas buyer by an exporter; a form of debt discounting
Read Also:
- Forfar
[fawr-fer, -fahr] /ˈfɔr fər, -fɑr/ noun 1. a town in the Tayside region, in E Scotland. 2. former name of . /ˈfɔːfər; -fɑː/ noun 1. a market town in E Scotland, the administrative centre of Angus: site of a castle, residence of Scottish kings between the 11th and 14th centuries. Pop: 13 206 (2001)
- Forfeit
[fawr-fit] /ˈfɔr fɪt/ noun 1. a fine; penalty. 2. an act of forfeiting; . 3. something to which the right is lost, as for commission of a crime or misdeed, neglect of duty, or violation of a contract. 4. an article deposited in a game because of a mistake and redeemable by a fine or […]
- Forfeitable
[fawr-fit] /ˈfɔr fɪt/ noun 1. a fine; penalty. 2. an act of forfeiting; . 3. something to which the right is lost, as for commission of a crime or misdeed, neglect of duty, or violation of a contract. 4. an article deposited in a game because of a mistake and redeemable by a fine or […]
- Forfeited
[fawr-fit] /ˈfɔr fɪt/ noun 1. a fine; penalty. 2. an act of forfeiting; . 3. something to which the right is lost, as for commission of a crime or misdeed, neglect of duty, or violation of a contract. 4. an article deposited in a game because of a mistake and redeemable by a fine or […]
- Forfeiting
[fawr-fit] /ˈfɔr fɪt/ noun 1. a fine; penalty. 2. an act of forfeiting; . 3. something to which the right is lost, as for commission of a crime or misdeed, neglect of duty, or violation of a contract. 4. an article deposited in a game because of a mistake and redeemable by a fine or […]