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import credit

noun
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Definition of import credit

: a credit which is opened by an importer with a bank in his own country and upon which the exporter he deals with may draw bills of exchange — compare export credit

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“Import credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/import%20credit. Accessed 15 Jun. 2021.

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