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Business Definition for: Export Trading Company (ETC)

Dictionary of Banking Terms

Export Trading Company (ETC)

trading organization supplying support services required for export trade. An ETC may warehouse, ship, and insure goods, as well as supply clients with market information. U.S. commercial banks are permitted to own and operate export trading companies under the Bank Export Services Act of 1982.

Referring Terms:

edge act corporation

Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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