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export import bank (EXIM bank). Government or semi-government agency which commonly provides insurance cover to exporters against losses from non-payment by the importers, as a means to promote the country's foreign trade.
The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States federal government. Operating as a government corporation, the bank finances and insures foreign purchases of United States goods for customers unable or unwilling to accept credit risk.