letter of credit import

  • 1Letter of credit — After a contract is concluded between buyer and seller, buyer s bank supplies a letter of credit to seller …

    Wikipedia

  • 2letter of credit — An engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the credit. A credit may be either revocable or irrevocable …

    Black's law dictionary

  • 3letter of credit — An engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the credit. A credit may be either revocable or irrevocable …

    Black's law dictionary

  • 4letter 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 (see letter of indication). Commercially, letters of credit are widely used in the …

    Big dictionary of business and management

  • 5letter 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… …

    Accounting dictionary

  • 6Letter of Credit — Ein Akkreditiv (von lat. credere, glauben, engl. letter of credit (L/C)) ist eine Bescheinigung einer Person oder Körperschaft gegenüber einer anderen. Inhaltsverzeichnis 1 Dokumenten Akkreditiv 1.1 Das Dokumenten Akkreditiv als Instrument der… …

    Deutsch Wikipedia

  • 7Bank Letter Of Credit Policy — An insurance policy that allows U.S. banks to confirm letters of credit issued by foreign financial institutions, facilitating the purchase of domestic exports. The policy was established by the Export Import Bank of the United States and insures …

    Investment dictionary

  • 8Social Credit — is a socio economic philosophy wherein consumers, fully provided with adequate purchasing power, establish the policy of production through exercise of their monetary vote.cite book |title=Credit Power and Democracy |last=Douglas |first=C.H.… …

    Wikipedia

  • 9Risks 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

  • 10LCI — Landing Craft Infantry (Governmental » Military) * Lincoln Center Institute (Community) * Livestock Conservation Institute (Medical » Veterinary) * Letter Of Credit Import (Business » International Business) * Laconia, New Hampshire USA (Regional …

    Abbreviations dictionary