Commodity trading and trade finance
| French | English | Deutsch | Definition |
|---|---|---|---|
| Affrètement | chartering | Befrachtung | hiring of a vessel for transport |
| Commerce de transit | merchanting | Transithandel | purchase and sale of goods that never pass through Switzerland |
| Connaissement | bill of lading | Konnossement | document of title representing the goods shipped |
| Crédit documentaire | letter of credit | Dokumentenakkreditiv | bank undertaking to pay against conforming documents |
| Crédit autoliquidatif | self-liquidating loan | selbstliquidierender Kredit | loan repaid from the sale of the goods financed |
| Financement du négoce | commodity trade finance | Rohstoffhandelsfinanzierung | loans backed by commodity flows |
| Inspection | inspection / surveying | Warenprüfung | verification of quantity and quality |
| Négociant | commodity trader | Rohstoffhändler | company that buys and sells commodities |
| Préfinancement | prepayment | Vorfinanzierung | advance granted against future deliveries |
| Prêt adossé aux ressources | resource-backed loan | rohstoffbesicherter Kredit | loan repaid in commodities |
| Prime / décote | premium / discount | Prämie / Abschlag | difference between the contract price and the market benchmark |
| Risque de base | basis risk | Basisrisiko | difference between the price hedged and the price of the hedge |
| Valeur ajoutée | value added | Wertschöpfung | contribution of an activity to gross domestic product |
For general information only. This article does not constitute legal or tax advice, does not replace advice on an individual case and creates no lawyer-client relationship. It reflects the legal position as of September 2025.