Definition of Switch Arrangements

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TeachMeFinance.com - explain Switch Arrangements



Switch Arrangements -- A form of countertrade in which the seller sells on credit and then transfers the credit to a third party at a discount. Or, in another type of switch, the rights to purchase certain goods, resulting from a countertrade operation, are sold to a third party at a discount.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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