Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Agriculture | The Commodity Credit Corporation finances export credit guarantee programs for commercial financing of U.S. agricultural exports. The programs finance the sale of exports to buyers in countries where credit is needed but where financing may not be available without CCC guarantees. Two programs back up credit extended by private banks in the United States (or in some instances by the U.S. exporter) to approved foreign banks using dollar-denominated letters of credit to pay for food and agricultural products sold to foreign buyers. The Export Credit Guarantee Program (GSM-102) guarantees credit terms up to 3 years. The Intermediate Export Credit Guarantee Program (GSM-103) guarantees longer term credits up to 10 years. Under these programs, the CCC does not provide financing, but guarantees payments due from foreign banks. Typically, 98% of principal and a portion of interest at an adjustable rate is covered. Because repayment is guaranteed, U.S. financial institutions can offer credit on competitive terms to foreign banks, usually with interest rates based on the London Inter-Bank Offered Rate (LIBOR). (GSM-102/103). (references) |
Source: compiled by the editor from various references; see credits. | |
Crosswords: EXPORT CREDIT GUARANTEE PROGRAMS |
| Specialty definitions using "EXPORT CREDIT GUARANTEE PROGRAMS": General Sales Manager, Guaranteed export credit ♦ Intermediate Export Credit Guarantee Program ♦ Short Term Export Credit Guarantee Program. (references) |
| Domain | Title |
Books | |
Source: compiled by the editor from various references; see credits. | |
| Subject | Topic | Quote |
Economic History | Azerbaijan | The Commodity Credit Corporation (CCC) of the U.S. Department of Agriculture (USDA) administers export credit guarantee programs for commercial financing of U.S. agricultural exports. (references) |
Trade | Mexico | The U.S. Agricultural Trade Office (ATO) administers four export credit guarantee programs in Mexico. (references) |
Thailand | The U.S. Department of Agriculture administers export credit guarantee programs for commercial financing of U.S. agricultural exports through the Commodity Credit Corporation . Under the programs, the Commodity Credit Corporation guarantees payments due from foreign banks . Typically, 98 percent of the principal and a portion of the interest are covered . The GSM-102 program covers credit terms up to three years. (references) | |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
Hexadecimal (or equivalents, 770AD-1900s) (references)45 58 50 4F 52 54 43 52 45 44 49 54 47 55 41 52 41 4E 54 45 45 50 52 4F 47 52 41 4D 53 |
| Leonardo da Vinci (1452-1519; backwards) (references)
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Binary Code (1918-1938, probably earlier) (references)01000101 01011000 01010000 01001111 01010010 01010100 00100000 01000011 01010010 01000101 01000100 01001001 01010100 00100000 01000111 01010101 01000001 01010010 01000001 01001110 01010100 01000101 01000101 00100000 01010000 01010010 01001111 01000111 01010010 01000001 01001101 01010011 |
HTML Code (1990) (references)E X P O R T   C R E D I T   G U A R A N T E E   P R O G R A M S |
ISO 10646 (1991-1993) (references)0045 0058 0050 004F 0052 0054 0043 0052 0045 0044 0049 0054 0047 0055 0041 0052 0041 004E 0054 0045 0045 0050 0052 004F 0047 0052 0041 004D 0053 |
Encryption (beginner's substitution cypher): (references)3958504952542375239384354241553552354854393925052494152354753 |
| 1. Crosswords 2. Usage: Commercial 3. Quotations: Non-fiction 4. Orthography | 5. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
