documentary credit
11documentary letter of credit — UK US noun [C or U] COMMERCE ► DOCUMENTARY CREDIT(Cf. ↑documentary credit) …
12credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… …
13Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… …
14documentary collection — A service provided by banks to sellers in obtaining payments. This service is usually transacted by the seller s bank through the buyer s bank, with the latter presenting the shipping documents to the buyer in exchange for payment or for signing… …
15Credit available by — An ISO term. The method by which a documentary credit will be made available. 1f 22x …
16Documentary Filmmaking: Redux — Community episode Episode no. Season 3 Episode 8 Directed by Joe Russo Written by …
17Credit card debt — is an example of unsecured consumer debt, accessed through credit cards. Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases via interest and penalties when the… …
18documentary credits — Payment collection through documentary credits involves using various documents including bills of exchange and letters of credit. They involve banks as intermediaries in collection and payment and provide a formal framework for payments and, in… …
19Documentary collection — A documentary collection is a process, in which the seller instructs his bank to forward documents related to the export of goods to the buyer s bank with a request to present these documents to the buyer for payment, indicating when and on what… …
20letter of credit — documentary credit A letter from one banker to another authorizing the payment of a specified sum to the person named in the letter on certain specified conditions. Commercially, letters of credit are widely used in the international import and… …
