documentary credit
31letter of credit — noun A document, used primarily in trade finance and issued generally by a financial institution, in which the institution promises to pay debts up to a certain limit to be acquired by the beneficiary against delivery of documents specified in… …
32The Documentary — Infobox Album Name = The Documentary Type = studio Artist = The Game (rapper) Released = January 18, 2005 Recorded = 2004 Genre = West Coast hip hop, Hardcore hip hop, Gangsta rap Length = 69:57 Label = Aftermath, G Unit, Interscope Producer = Dr …
33letter of credit — An obligation issued by a bank on behalf of a bank customer to a third party. There are many different kinds of letters of credit. The two most common are commercial letters and standby letters. A commercial or trade letter of credit is a bank… …
34Lettre De Crédit — Pour les articles homonymes, voir Lettre. La lettre de crédit (ou accréditif) est un engagement de paiement généralement irrévocable souscrit par le banquier d un acheteur de marchandises ou autres prestations commerciales de payer le vendeur si… …
35Lettre de credit — Lettre de crédit Pour les articles homonymes, voir Lettre. La lettre de crédit (ou accréditif) est un engagement de paiement généralement irrévocable souscrit par le banquier d un acheteur de marchandises ou autres prestations commerciales de… …
36Lettre de crédit — Pour les articles homonymes, voir Lettre. La lettre de crédit (ou accréditif) est un engagement de paiement généralement irrévocable souscrit par le banquier d un acheteur de marchandises ou autres prestations commerciales de payer le vendeur si… …
37standby letter of credit — see letter of credit Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. standby letter of credit …
38letters of credit — A letter of credit is an undertaking, which is irrevocable, by the customer s bank to pay a stated sum of money to the exporter, provided certain specified conditions are met including the receipt of the necessary documentation proving… …
39standby letters of credit — Also known as a standby credit, a financial letters of credit or an SLC. Similar to an on demand bond, it enables one party to a contract to obtain payment from the issuer of the standby credit when the other contracting party has failed, or is… …
40irrevocable documentary acceptance credit — A form of irrevocable confirmed letter of credit in which a foreign importer of UK goods opens a credit with a UK bank or the UK office of a local bank. The bank then issues an irrevocable letter of credit to the exporter, guaranteeing to accept… …
