英语翻译What is trade finance?Trade finance magazine 12 NOV 2009

英语翻译
What is trade finance?
Trade finance magazine 12 NOV 2009
Trade Finance has been reviewing the global trade market since 1983.The remit of what we cover is somewhat broad,and as the market evolves to meet the requirements of financing global trade,so our content has changed.
The following is a guide for those of you new to the market,those looking for clarification,and those of you who have bluffed your way through up to this point.
What is trade finance?
There are various definitions to be found online as to what trade finance is,and the choice of words used is interesting.It is described both as a ‘science’ and as ‘an imprecise term covering a number of different activities’.As is the nature of these things,both are accurate.In one form it is quite a precise science managing the capital required for international trade to flow.Yet within this science there are a wide range of tools at the financiers’ disposal,all of which determine how cash,credit,investments and other assets can be utilised for trade.
In its simplest form,an exporter requires an importer to prepay for goods shipped.The importer naturally wants to reduce risk by asking the exporter to document that the goods have been shipped.The importer’s bank assists by providing a letter of credit to the exporter (or the exporter's bank) providing for payment upon presentation of certain documents,such as a bill of lading.The exporter's bank may make a loan to the exporter on the basis of the export contract.
Below I have outlined the various ways in which trade is financed by banks beyond the basic financial transaction described above – which I would refer to as traditional trade finance.I have divided this extended definition into the sectors which Trade Finance as a channel for the latest news and analysis for this market strives to cover.
Trade services and supply chain
Building on what I have termed traditional trade finance,there are a number of ways in which banks can help corporate clients trade (both domestically and cross-border) for a fee.
A typical service offering from a bank will include:Letters of credit (LC),import bills for collection,shipping guarantees,import financing,performance bonds,export LC advising,LC safekeeping,LC confirmation,LC checking and negotiation,pre-shipment export finance,export bills for collections,invoice financing,and all the relevant document preparation.
Despite this focus on the LC,over the years the term trade finance has been shifting away from this sometimes cumbersome method of conducting business.It is now estimated that over 80% of global trade is conducted on an open account basis.
是需要翻译的，要中文用的，

这篇文章其实没有什么意义.
最重要的是最后一句话：目前预计超过80％的国际贸易采用赊销的结算方式；也就意味着,传统的国际结算方式如L/C、O/C等已经不再是主流的结算方式.而贸易融资与国际结算方式是紧密相关的!