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Export-Import Bank

[ ek-spawrt-im-pawrt, ek-spohrt-im-pohrt ]
/ ˈɛk spɔrtˈɪm pɔrt, ˈɛk spoʊrtˈɪm poʊrt /

noun

a U.S. federal bank, established in 1934, that is authorized, in the interest of promoting foreign trade, to make loans to foreign governments and commercial enterprises, with the provision that such funds be used only to purchase U.S. goods.

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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019