secondary letter of credit
1letter of credit — letter of credit: a document issued to a beneficiary at the request of the issuer s customer in which the issuer (as a bank) promises to honor a demand for payment by the beneficiary in order to satisfy or secure the customer s debt compare… …
2Transferable Letter Of Credit — A letter of credit that permits the beneficiary of the letter to make some or all of the credit available to another party, thereby creating a secondary beneficiary. The party that initially accepts the transferable letter of credit from the bank …
3Credit rating agency — Corporate finance …
4Credit unions in the United States — Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account Money market account Certificate of deposit …
5Secondary characters in Calvin and Hobbes — Bill Watterson s comic strip Calvin and Hobbes features a wide range of secondary characters. These range from his fellow students at school to monsters and aliens from Calvin s vivid imagination. Contents 1 Calvin s family 1.1 Calvin s father… …
6back-to-back credit — Also known as counter credits. A credit operation involving the use of two separate letters of credit. A letter of credit is issued at the seller s request to his own supplier (sometimes called the secondary credit), against a letter of credit… …
7Gordon Graydon Memorial Secondary School — Address 1490 Ogden Avenue Mississauga, Ontario, L5E 2H8, Canada Information School board …
8New Westminster Secondary School — Ad Ductum Et Operam For Leadership and Work Address 835 Eighth Street New Westminster, British Columbi …
9L/C — Letter of Credit. A letter of credit is a guarantee by a bank on behalf of its corporate customer that a payment will be made if contractual obligations are met. Letters of credit can be traded on the secondary market. ► See also Secondary… …
10POLAND — POLAND, republic in E. Central Europe; the kingdom of Poland and the grand duchy of Lithuania united formally (Poland Lithuania) in 1569. This article is arranged according to the following outline: the early settlements jewish legal status… …
