import credit

1. 1.

   credit opened by an importer at a bank in his own country upon which an exporter may draw

   Broadercredit

Questions about import credit

What does import credit mean?

import credit means "credit opened by an importer at a bank in his own country upon which an exporter may draw".

Is import credit a common word?

import credit is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.