The financial definition for Forfaiter (Secondary):
An individual or financial entity that buys or sells the payment obligations of the importer/ guarantor.
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Forfaiter
Forfaiter Purchaser of promises to pay issued by importers.
Forfaiter (Primary)
Forfaiter (Primary) An individual or financial entity that arranges a forfaiting transaction directly with an exporter and then holds or sells on the payment obligations of the importer/ guarantor.
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