forfaiting
/ (ˈfɔːˌfeɪtɪŋ) /
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noun
the financial service of discounting, without recourse, a promissory note, bill of exchange, letter of credit, etc, received from an overseas buyer by an exporter; a form of debt discounting
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In effect, this quiz will prove whether or not you have the skills to know the difference between “affect” and “effect.”
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The rainy weather could not ________ my elated spirits on my graduation day.
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Word Origin for forfaiting
C20: from French forfaire to forfeit or surrender
Words nearby forfaiting
foreword, foreworn, forex, for example, foreyard, forfaiting, Forfar, for fear of, forfeit, forfeited, forfeiture
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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