to issue a letter of credit
1letter of credit — letter of credit: a document issued to a beneficiary at the request of the issuer s customer in which the issuer (as a bank) promises to honor a demand for payment by the beneficiary in order to satisfy or secure the customer s debt compare… …
2Letter of credit — After a contract is concluded between buyer and seller, buyer s bank supplies a letter of credit to seller …
3issue — / ɪʃu:/ noun an act of giving out new shares ■ verb to put out or to give out ● to issue a letter of credit ● to issue shares in a new company ● to issue a writ against someone ● The government issued a report on London’s traffic. ▪▪▪ ‘…the… …
4issue — / ɪʃu:/ noun the number of a newspaper or magazine ● We have an ad in the January issue of the magazine. ■ verb to put out or to give out ● to issue a letter of credit ● to issue shares in a new company ● to issue a writ against someone ● The… …
5credit — {{Roman}}I.{{/Roman}} noun 1 arrangement to pay later; money borrowed ADJECTIVE ▪ long term, short term ▪ interest free ▪ foreign ▪ bank ▪ …
6Credit unions in the United States — Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account Money market account Certificate of deposit …
7issue — 1. verb To send forth; to emit; to promulgate; as, an officer issues orders, process issues from a court. To put into circulation; as, the treasury issues notes. To send out, to send out officially; to deliver, for use, or authoritatively; to go… …
8issue — 1. verb To send forth; to emit; to promulgate; as, an officer issues orders, process issues from a court. To put into circulation; as, the treasury issues notes. To send out, to send out officially; to deliver, for use, or authoritatively; to go… …
9Credit rating agency — Corporate finance …
10Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …
