Risk that the buyer of goods cannot or will not pay the seller when payment is due.

Risk incurred by a seller of goods that a buyer in a different country will not be able to pay for the goods due to political or economic conditions in his country. The two components of country risk are "political risk" and "transfer risk." transfer risk." "transfer risk."

Risk in a sale of goods that the government in the buyers country may take some action that prevents the buyer from paying.

Trading in or exchange of foreign currencies in relation to one another, which permits the exchange of commodities between countries.

A person, business or governmental agency with a claim against a debtor or debtor's business. claim against a debtor or debtor's business. claim against a debtor or debtor 's business.

Risk incurred by the seller of goods that, due to the fact that his country has a negative balance of payments, no foreign exchange (US dollars or other "hard" currency) may be available to the buyer when he is ready to pay for the goods.

A right to payment or other equitable remedy in the event of a breach of contract.

or business entity that owes money.

A medium of exchange; coined or stamped currency.

The privilege of buying goods, services or borrowing money in return for a promise of future payment.

Risk incurred by the seller of goods that, due to the fact that his country has a negative balance of payments, no foreign exchange (US dollars or other "hard" currency) may be available to the buyer when he is ready to pay for the goods.

A right to payment or other equitable remedy in the event of a breach of contract.

or business entity that owes money.

A record of all economic transactions between residents of one country and residents of the rest of the world during a given time period.

Conditions in which the decision maker has to estimate the likelihood of certain outcomes.

Relates to the judicial means or court procedures by which legal and equitable rights are enforced.