Transferable letter of credit Transferable letter of credit refers to the document that allows the first beneficiary on a standby letter of credit to transfer all or part of the ...
Stand by letter of credit Stand by letter of credit is a document used to guarantee invoice payments to a supplier; it promises to pay the beneficiary if the buyer fails to pay.
Irrevocable letter of credit Irrevocable letter of credit refers to a letter of credit issued by a bank that cannot be canceled or amended without the beneficiary’s approval.
Bank Letter of Credit Policy Bank Letter of Credit Policy is a policy that enables banks to confirm letters of credit by foreign banks supporting the purchase of U.S. exports.
Letter of credit Letter of credit is a legal notice in which a bank or other institution guarantees the credit of one of its customers who is borrowing from another institution.
Letter of offer and acceptance Letter of offer and acceptance— Standard Department of Defense form on which the United States Government documents its offer to transfer to a foreign ...
Letter of authorization Letter of authorization refers to a document, issued by the procuring contracting officer or designee that authorizes contractor personnel authorized to accompany ...
Letter of assist Letter of assist is a contractual document which is issued by the United Nations to a government, authorizing it to provide goods or services to a peacekeeping operation.
Private letter ruling Private letter ruling is a formal document issued by the Internal Revenue Service announcing tax decisions or changes.
Right-to-sue letter Right-to-sue letter is a letter issued by the EEOC, once a charge has been recorded and processed, informing individuals who filed the charge that they have the
Definition
[ v. t.]