Export Trading Company (ETC)

Definition:

A company serving as the export department of other firms. They usually take title, risk and responsibility for the goods they export.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Shakeout

A dramatic change in market conditions that forces speculators to sell their positions, often at a loss.

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