Definitions
There is 1 meaning of the phrase
Import Credit.
Import Credit - as a noun
Credit opened by an importer at a bank in his own country upon which an exporter may draw
Example Sentences
"The company used import credit to finance the purchase of machinery from overseas."
"Many businesses rely on import credit to fund their international trade activities."
"The government introduced new regulations to promote import credit and support exporters."
"Banks offer import credit services to facilitate smooth cross-border transactions."
"Exporters often require import credit guarantees to minimize the risk of non-payment by foreign buyers."
