Foreign Credit Insurance Association - FCIA
- Foreign Credit Insurance Association - FCIA
- A federal agency that provides insurance for U.S. exporters. The Foreign Credit Insurance Association is a voluntary association formed in 1961 by some 50 U.S. insurance companies and sponsored by the Export-Import bank.
The insurance provided protects the purchaser from both commercial risk (when the debtor is unable to pay due to their business situation) and political risk (when the debtor is unable to pay due to changes in the politics of a particular country). The Export-Import bank deals primarily with political risk, while the FCIA covers commercial risk.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Foreign Credit Insurance Association — ( FCIA) A private consortium of US insurance companies that offers trade credit insurance to US exporters in conjunction with the US Export Import Bank. Bloomberg Financial Dictionary * * * Foreign Credit Insurance Association ˌForeign ˈCredit… … Financial and business terms
the Foreign Credit Insurance Association — UK US noun (ABBREVIATION the FCIA) ► an organization of private insurance companies in the US that provides insurance for companies exporting from the country, protecting them from not being paid … Financial and business terms
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
FCIA — Foreign Credit Insurance Association. A private U.S. consortium of insurance companies that offers trade credit insurance to U.S. exporters in conjunction with the U.S. Export Import Bank. The New York Times Financial Glossary ( Foreign Credit… … Financial and business terms
FCIA — Foreign Credit Insurance Association Short Dictionary of (mostly American) Legal Terms and Abbreviations … Law dictionary
FCIA — Foreign Credit Insurance Association. * * * … Universalium
FCIA — Foreign Credit Insurance Association … Black's law dictionary
FCIA — Foreign Credit Insurance Association … Useful english dictionary
FCIA — Fibre Channel Industry Association (Computing » Networking) * Foreign Credit Insurance Association (Business » International Business) … Abbreviations dictionary
FCIA — engin. abbr. Foreign Credit Insurance Association … United dictionary of abbreviations and acronyms
