Foreign Credit Insurance Association - FCIA
Definition of '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. |
|
Investopedia explains 'Foreign Credit Insurance Association - FCIA'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. |
Related Definitions
Articles Of Interest
-
Explaining The World Through Macroeconomic Analysis
From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone. -
6 Factors That Influence Exchange Rates
Find out how a currency's relative value reflects a country's economic health and impacts your investment returns. -
Why Country Funds Are So Risky
High returns come at a price, but country funds may still be a good bet. -
What risks do organizations face when engaging in international finance activities?
When an organization decides to engage in international financing activities, they also take on additional risk as well as opportunities. The main risks that are associated with businesses engaging ... -
What is political risk and what can a multinational company do to minimize exposure?
For multinational companies, political risk refers to the risk that a host country will make political decisions that will prove to have adverse effects on the multinational's profits and/or ... -
Risk And Diversification
Safeguarding your portfolio involves a few simple steps. -
Financial Designations That Employers Require
We break down the designations that are important to have if you want to work in the financial sector. -
Retirement: The One Thing Couples Shouldn't Do Together
Staggering retirement can have both financial and emotional benefits for married couples. -
Top 5 Budgeting Questions Answered
You don't need a degree to understand your money, begin saving and pay down debt. -
Investing In Medical Equipment Companies
Learn the basics about medical equipment companies and how investing in them can benefit growth and value investors alike.
Free Annual Reports