Export credit, export credit insurance, ECGD, and PEFCO terms.
Export credit and guarantee support terms explain public or quasi-public tools that help exporters finance sales or protect against buyer and country risk.
The Export Credits Guarantee Department (ECGD), now known as UK Export Finance, supports UK exporters by providing export credit insurance and guaranteeing repayments to UK banks financing exports. It also insures overseas investments against risks such as war and expropriation.