TRade finance

[mictiong85]

May i know if anyone can help me to explain this word?
Iam no an accounting student but i am learning account by myself.
I try to read the annual report of listing company.And i found out this trade finance is some sort like liability.
but the meaning that i found via internet is different.

TRade finance-
The science that describes the management of money, banking, credit, investments, and assets for international trade transactions.
quoted from
http://www.investopedia.com/terms/t/tradefinance.asp

thanks

[weich]

No accounting student as well but i found another definition here:

trade finance – trade financing consists of a series of financial services to facilitate the export (or import) of various equipment and services. Export financing includes a range of financial and risk management services, including 1) export credit insurance, 2) financing to foreign buyers of Canadian goods and services, 3) guarantees and 4) working capital. See also ‘project finance’.

http://www.halifaxinitiative.org/index.php/Resources_Glossary#g7ztrade8

basically it's services where I think the company has to pay for and yeah, i think it should be under liabilities.

[mictiong85]

Thank you verymuch for your help. :D

[fizzy]

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