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

Currency Exchange Risk

Uncertainty about the rate at which revenues or costs denominated in one currency can be converted into another currency.

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