The exporter sends the goods and documents to the foreign buyer. The buyer pays the invoice when the goods arrive, or within a certain period from the invoice date. This can be risky,as the exporter trusts the buyer to honour the original sales contract:

Câu hỏi liên quan

• Banks make their profits from the difference between the interest rate charged to borrowers and that paid to depositors, also known as …..:

• The bank’s ………….lists assets and liabilities:

• Debt which will not be paid and which has to be written off in the accounts book:

ZUNIA12

• The value of one currency in terms of another:

• To deposit share certificates with a lender / bank as security for money borrowed:

• To subtract money from an account:

• A small book that records a depositor’s deposits, withdrawals and interest payments by the bank:

•  Not yet paid or completed:

• The net worth or equity of the shareholders’ investment in a company:

• To find or supply money for someone or something:

• In Japan, the US dollar is ……………………………….:

• Delayed, put off or postponed until a later time:

• Banking services offered to large companies:

• When the government doesn’t control the exchange rate in any way, the currency is ……………….. :

• An organized market for the issue of new securities and the exchange of secondhand ones:

• The ……………………… measures how much the price of a basket of consumer goods has changed over a given time period:

• Computerized banking is………:

• Name or value of coin or banknote e.g VND 1000, VND 10000, VND 50000:

• Loan which is guaranteed by the borrower giving assets as security:

• The amount of money made from an investment is its………….: