Export Trading Company - ETC

AAA

DEFINITION of 'Export Trading Company - ETC'

An independent company that provides support services for firms engaged in exporting. This may include warehousing, shipping, insuring and billing on behalf of the client. In addition, export trading companies may help manufacturers find overseas buyers and provide them with other pertinent market information. A group of producers can also form its own ETC.

INVESTOPEDIA EXPLAINS 'Export Trading Company - ETC'

The Bank Export Services Act of 1982 allowed commercial banks to enter the export trading company arena for the first time and act as owners of ETCs. You can learn more about ETCs through the US Department of Commerce's (USDOC) Office of Export Trading Company Affairs (OETCA) .

RELATED TERMS
  1. Free Trade Area

    A group of countries that invoke little or no price control in ...
  2. Terms of Trade - TOT

    The value of a country's exports relative to that of its imports. ...
  3. Export

    A function of international trade whereby goods produced in one ...
  4. Import

    A good or service brought into one country from another. Along ...
  5. Export-Import Bank Of The United ...

    A federal agency responsible for facilitating international trade ...
  6. International Currency Exchange ...

    The rate at which two currencies in the market can be exchanged. ...
Related Articles
  1. Global Trade And The Currency Market
    Forex Education

    Global Trade And The Currency Market

  2. In Praise Of Trade Deficits
    Economics

    In Praise Of Trade Deficits

  3. Overseas Investing No Protection Against ...
    Economics

    Overseas Investing No Protection Against ...

  4. NAFTA's Winners And Losers
    Economics

    NAFTA's Winners And Losers

comments powered by Disqus
Hot Definitions
  1. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  2. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  3. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  4. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  5. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  6. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
Trading Center