- documentary letter of credit
- документарний акредитив; товарний акредитив
The English-Ukrainian Dictionary. Economics, Finance, Banking, Investmentss, Bank Loans. S. Ya. Yermolenko, V. I. Yermolenko. 2002.
documentary letter of credit
Смотреть что такое "documentary letter of credit" в других словарях:
documentary letter of credit — UK US noun [C or U] COMMERCE ► DOCUMENTARY CREDIT(Cf. ↑documentary credit) … Financial and business terms
letter 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… … Financial and business terms
letter 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… … Law dictionary
letter 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
letter 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
Letter of credit — After a contract is concluded between buyer and seller, buyer s bank supplies a letter of credit to seller … Wikipedia
Fully Funded Documentary Letter Of Credit - FFDLC — A written promise of payment provided by a buyer to a seller that is guaranteed to clear by a particular bank. Once an FFDLC document is presented by the seller to the involved bank, the bank is obliged to remit full payment to the seller. The… … Investment dictionary
standby letter of credit — see letter of credit Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. standby letter of credit … Law dictionary
open letter of credit — An unrestricted letter of credit which will be paid on a simple draft without the need of documentary title. See also letter of credit … Black's law dictionary
letter 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… … Wiktionary
documentary credit — ➔ credit1 * * * documentary credit UK US noun [C or U] (ABBREVIATION DC, also documentary letter of credit) COMMERCE ► in international trade, an arrangement in which a bank in a country importing goods agrees to pay for goods bei … Financial and business terms
