# Credit designed to afford extra time for payment of freight charges

- Canonical URL: https://www.gerhardmerk.de/credit-designed-to-afford-extra-time-for-payment-of-freight-charges
- Post ID: 589823
- Modified: 2023-07-25T20:59:00+00:00
- Language: en

## Definition

A loan granted by a bank primarily to stockholding importers to enable them to pay the freight charges demanded by the carrier immediately. After the sale of the stored goods, the stockholder repays the loan. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0
