Forfetare

English translation: Forfaiting

22:50 Aug 19, 2021
Romanian to English translations [PRO]
Bus/Financial - Finance (general)
Romanian term or phrase: Forfetare
Contract de forfetare (o vanzare de creante). Nu reusesc sa gasesc nicaieri termenul. Multumesc frumos!
Ioana Moldovan
Local time: 01:53
English translation:Forfaiting
Explanation:
Forfaiting is originally a French word, meaning to relinquish a right. The term implies a transaction where the forfaiter purchases claims (receivables) from the exporter in return for cash payment.
Selected response from:

Mihaela Buruiana
Romania
Local time: 01:53
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4Forfaiting
Mihaela Buruiana


  

Answers


6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Forfaiting


Explanation:
Forfaiting is originally a French word, meaning to relinquish a right. The term implies a transaction where the forfaiter purchases claims (receivables) from the exporter in return for cash payment.


    https://www.investopedia.com/terms/f/forfaiting.asp
    Reference: http://www.efin.ro/credite/glosar_economic_F/forfetare.html
Mihaela Buruiana
Romania
Local time: 01:53
Specializes in field
Native speaker of: Native in RomanianRomanian
PRO pts in category: 100
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