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Export Trading Company (ETC)

 
Banking Dictionary: 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.

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Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more