Definitions for "Export-Import Bank"
In the US, this is a government export credit agency which provides insurance and export guarantees for exports from the US and advances credit to non-US borrowers to buy American goods. It is an independent entity which can borrow from the US Treasury.
The US federal government agency that extends trade credits to US companies to facilitate the financing of US exports.
A bank that facilitates US trade with foreign countries by providing financing for exports and imports. It borrows money from the US Treasury and is backed by the full faith and credit of the US Government.
Keywords:  exim, lethal, civilian, gov, congress
A independent bank, established by Congress, which encourages U.S. exports by...
The Export-Import Bank, also known as Ex-Im Bank, provides loan guarantees to banks that in turn provide loans to countries purchasing U.S. exports. The bank is prohibited by its charter from providing loans for defense products, but there are exceptions for equipment that will be used to support drug-control programs and for exports of non-lethal defense articles for which the primary end use is civilian in nature. More information is available at www.exim.gov.