credit conditions
101unconfirmed letter of credit — A letter of credit which has not been guaranteed or confirmed by any bank other than the bank that opened it. The advising bank merely informs the beneficiary of the letter of credit terms and conditions. Bloomberg Financial Dictionary …
102Five Cs of credit — Five characteristics that are used to form a judgement about a customer s creditworthiness: character, capacity, capital, collateral, and conditions. The New York Times Financial Glossary Five characteristics that are used to form a judgment… …
103Fully Funded Documentary Letter Of Credit - FFDLC — A written promise of payment provided by a buyer to a seller that is guaranteed to clear by a particular bank. Once an FFDLC document is presented by the seller to the involved bank, the bank is obliged to remit full payment to the seller. The… …
104letter of credit — L/C A mechanism used in international trade in which a bank *guarantees to settle the cash payment arising from a transaction, once specified conditions have been met …
105letter of credit — /ˌletər əv kredɪt/ noun a document issued by a bank on behalf of a customer authorising payment to a supplier when the conditions specified in the document are met (this is a common method of guaranteeing payment by overseas customers). Abbr L/C …
106letter of credit — /ˌletər əv kredɪt/ noun a document issued by a bank on behalf of a customer authorising payment to a supplier when the conditions specified in the document are met. Abbreviation L/C …
107Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …
108Late-2000s financial crisis — The TED spread (in red) increased significantly during the financial crisis, reflecting an increase in perceived credit risk …
109Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …
110central bank — a bank, as the Federal Reserve Bank, that holds basic banking reserves, issues currency, and acts as lender of last resort and controller of credit. [1920 25] * * * Institution, such as the U.S. Federal Reserve System, charged with regulating the …
