exportimport bank

Export-Import Bank

[ek-spawrt-im-pawrt, ek-spohrt-im-pohrt]
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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Based on the Random House Dictionary, © Random House, Inc. 2014.
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