WHAT DOES FORFEITER MEAN IN ENGLISH?
Definition of forfeiter in the English dictionary
The first definition of forfeiter in the dictionary is someone who loses something in consequence of a mistake, fault, etc. Other definition of forfeiter is someone who has something confiscated as punishment. Forfeiter is also someone who surrenders something exacted as a penalty.
10 ENGLISH BOOKS RELATING TO «FORFEITER»
Discover the use of
forfeiter in the following bibliographical selection. Books relating to
forfeiter and brief extracts from same to provide context of its use in English literature.
exporters surrender their right to the forfeiter to receive future payment from the
buyer to whom goods have been supplied. The exporters offer credit terms to the
importer and sell the debt to the forfeiter. Hence, the forfeiter waives recourse to ...
NALINI PRAVA TRIPATHY,
2007
2
Financial Instruments and Services
Accordingly, the exporters surrender their right to the forfeiter to receive future
payment from the buyer to whom goods have been supplied. The exporters offer
credit terms to the importer and sell the debt to the forfeiter. Hence, the forfeiter ...
Prentice Hall India Pvt., Limited, Tripathy,
2004
3
Introduction to Banking
Forfeiter gets the right of recovering the debt from the importer. • Responsibility of
recovering the debt on due date and credit risk rests with forfeiter. • Extensively
used for financing export of goods on deferred payment terms. • The exporter ...
Vijayaragavan Iyengar,
2007
4
The Fraud Rule in the Law of Letters of Credit: A ...
What should the position of a forfeiter of the obligation of a deferred payment
letter of credit be when fraud is found in the transaction? There are two strikingly
different views on this issue. One is the position illustrated by the English case of
...
Xiang Gao (L.L.M.), Xiang Gao,
2002
However, every forfeiter will impose his own limits, to be determined largely by
market conditions and his assessment of the risks involved in a particular
transaction. (3) The purchase of bills of exchange or promissory notes falling due
on ...
6
FINANCIAL MARKETS, INSTITUTIONS, AND FINANCIAL SERVICES
That is what the exporters are doing with the export bills to the forfeiter. Forfeiting
has been defined as a “non-recourse purchase by a banker or any other financial
institution, of receivables arising from export of goods and services.” Forfeiting ...
7
Multinational Financial Management
The notes are held by the forfeiter for collection. The bank provides the financing
and assumes the credit and collection risk for the exporter. The essence of
forfeiting is the non-recourse by an exporter of bank-guaranteed promissory
notes, ...
Under forfeiting, the forfeiter, usually a finance company operating in an
international financial centre such as London, Singapore, New York, discounts
bills of exchange or promissory notes drawn by an exporter on an overseas
buyer which ...
The exporter receives its money, at a discount, when the forfeiter' purchases the
bill of exchange or promissory note written out by the exporter's customer. Ideally,
after a predetermined time period the forfeiter collects payment from the ...
10
Training Manual on Increasing Capacities in Trade and ...
The “forfeiter" - typically a bank or a specialized forfeiting house - then buys the
bill of exchange or promissory note written out by the exporter's customer, but at a
discount of its full value. After a predetermined period, the forfeiter collects ...
3 NEWS ITEMS WHICH INCLUDE THE TERM «FORFEITER»
Find out what the national and international press are talking about and how the term
forfeiter is used in the context of the following news items.
Breaking the Fast in Public: What the Quran Says
This Hadith makes it explicit that the forfeiter faces no human punishment, no imprisonment, no flogging and no public exhibition for his deed. «Morocco World News, Jul 15»
Battling Blight: Abandoned buildings/structures plague the Northland
... in those cases we have the opportunity to offer them to the adjacent land owner," Tax Forfeiter Land Coordinator of SLC, Karen Zeisler, said. «Northland's NewsCenter, Nov 14»
'Family Guy': Bathroom humor
After several failed attempts with a tree-licker, a basketball forfeiter, and a lonely guy at a bus stop that misunderstands what he means by ... «Los Angeles Times, Oct 09»