letter of credit export

  • 31Documentary 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… …

    Wikipedia

  • 32payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it …

    Financial and business terms

  • 33bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… …

    Black's law dictionary

  • 34bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… …

    Black's law dictionary

  • 35International commercial law — is the body of law that governs international sale transactions. [Mo, John S.; International Commercial Law (2003) 1.] A transaction will qualify to be international if elements of more than one country are involved. [Pryles, Jeff Waincymer, and… …

    Wikipedia

  • 36Ogilvy v Hope Davies — Court High Court Citation(s) [1976] 1 All ER 683 Keywords …

    Wikipedia

  • 37North Korean support for Iran during the Iran–Iraq war — North Korea supported Iran during the Iran–Iraq War for oil and foreign exchange by selling both domestically produced arms to Iran and serving as an intermediary for deniable sales by the Soviet Union, Soviet satellites, and China. Sales began… …

    Wikipedia

  • 38Pro forma — The term pro forma (Latin as a matter of form ) is a term applied to practices that are , or seek to satisfy the minimum requirements or to conform to a convention or doctrine. It has different meanings in different fields. Accounting In… …

    Wikipedia

  • 39Risks with Outlay of Funds —   Customer outstanding category. This group includes the following customer outstanding classification codes:   Advances in Current Accounts   Demand loans   Term loans   Leasing/Hire purchase facilities   Discounting others   Discounting banks   …

    International financial encyclopaedia

  • 40china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …

    Universalium