FINANCING OF INTERNATIONAL TRANSACTIONS
Financing (funding) is essentially the purchase of funds necessary for a business. This can be done from internal sources (company’s own funds) or external (borrowed funds). The high value of goods traded in international trade makes revenues generated from internal resources not sufficient to settl...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Academica Brâncuşi
2013-02-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2013-01/18_Baluna%20Radu,%20Goagara%20Daniel.pdf |
| _version_ | 1811265786303479808 |
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| author | RADU NICOLAE BĂLUNĂ DANIEL GOAGĂRĂ |
| author_facet | RADU NICOLAE BĂLUNĂ DANIEL GOAGĂRĂ |
| author_sort | RADU NICOLAE BĂLUNĂ |
| collection | DOAJ |
| description | Financing (funding) is essentially the purchase of funds necessary for a business. This can be done from internal sources (company’s own funds) or external (borrowed funds). The high value of goods traded in international trade makes revenues generated from internal resources not sufficient to settle the value of the goods. Thus, it is frequent to resort to borrowed funds. In International Business Transactions, external financing is done both by classical techniques of credit (credit supplier and buyer credit) and modern techniques of financing (factoring, forfeiting, leasing) all trade tailored. In terms of the length of financing, accounting funding is short-term (1-12 months) and long-term financing (over a year). In principle, export and import operations prevailing short-term financing techniques, while international investment and industrial cooperation actions are specific long-term funding |
| first_indexed | 2024-04-12T20:30:12Z |
| format | Article |
| id | doaj.art-214b974b2c33438f9f8606a86635458d |
| institution | Directory Open Access Journal |
| issn | 1844-7007 |
| language | English |
| last_indexed | 2024-04-12T20:30:12Z |
| publishDate | 2013-02-01 |
| publisher | Academica Brâncuşi |
| record_format | Article |
| series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| spelling | doaj.art-214b974b2c33438f9f8606a86635458d2022-12-22T03:17:45ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072013-02-0111136140FINANCING OF INTERNATIONAL TRANSACTIONSRADU NICOLAE BĂLUNĂDANIEL GOAGĂRĂFinancing (funding) is essentially the purchase of funds necessary for a business. This can be done from internal sources (company’s own funds) or external (borrowed funds). The high value of goods traded in international trade makes revenues generated from internal resources not sufficient to settle the value of the goods. Thus, it is frequent to resort to borrowed funds. In International Business Transactions, external financing is done both by classical techniques of credit (credit supplier and buyer credit) and modern techniques of financing (factoring, forfeiting, leasing) all trade tailored. In terms of the length of financing, accounting funding is short-term (1-12 months) and long-term financing (over a year). In principle, export and import operations prevailing short-term financing techniques, while international investment and industrial cooperation actions are specific long-term fundinghttp://www.utgjiu.ro/revista/ec/pdf/2013-01/18_Baluna%20Radu,%20Goagara%20Daniel.pdfforeign tradefinancingloanrepayment |
| spellingShingle | RADU NICOLAE BĂLUNĂ DANIEL GOAGĂRĂ FINANCING OF INTERNATIONAL TRANSACTIONS Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie foreign trade financing loan repayment |
| title | FINANCING OF INTERNATIONAL TRANSACTIONS |
| title_full | FINANCING OF INTERNATIONAL TRANSACTIONS |
| title_fullStr | FINANCING OF INTERNATIONAL TRANSACTIONS |
| title_full_unstemmed | FINANCING OF INTERNATIONAL TRANSACTIONS |
| title_short | FINANCING OF INTERNATIONAL TRANSACTIONS |
| title_sort | financing of international transactions |
| topic | foreign trade financing loan repayment |
| url | http://www.utgjiu.ro/revista/ec/pdf/2013-01/18_Baluna%20Radu,%20Goagara%20Daniel.pdf |
| work_keys_str_mv | AT radunicolaebaluna financingofinternationaltransactions AT danielgoagara financingofinternationaltransactions |