amount of a letter of credit


amount of a letter of credit
сумма аккредитива

English-russian accounting dictionary. 2014.

Смотреть что такое "amount of a letter of credit" в других словарях:

  • 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 — 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 — 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 — 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 — noun a document issued by a bank that guarantees the payment of a customer s draft; substitutes the bank s credit for the customer s credit • Hypernyms: ↑document, ↑credit • Hyponyms: ↑commercial letter of credit, ↑traveler s letter of credit,… …   Useful english dictionary

  • Letter Of Credit — A letter from a bank guaranteeing that a buyer s payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or… …   Investment dictionary

  • letter of credit — let′ter of cred′it n. 1) bus a document issued by a banker allowing the person named to draw money to a specified amount 2) bus a letter from a bank notifying a person that drafts on the issuer have been authorized up to a specified amount •… …   From formal English to slang

  • letter of credit — noun a letter written by one banker or merchant to another, requesting extension of credit to the person named therein, up to a specified amount …   Australian English dictionary

  • letter of credit — 1. an order issued by a banker allowing a person named to draw money to a specified amount from correspondents of the issuer. 2. an instrument issued by a banker authorizing a person named to make drafts upon the issuer up to an amount specified …   Universalium

  • Standby Letter of Credit - SLOC — A guarantee of payment issued by a bank on behalf of a client that is used as payment of last resort should the client fail to fulfill a contractual commitment with a third party. Standby letters of credit are created as a sign of good faith in… …   Investment dictionary

  • Sight Letter Of Credit — A letter of credit that is payable once it is presented along with the necessary documents. An organization offering a sight letter of credit commits itself to paying the agreed amount of funds provided the provisions of the letter of credit are… …   Investment dictionary


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