Limit

Limit is a documentary credit limit is the maximum amount for which an importer may have balances outstanding under documentary credits at any one time.

Category: Banking & Finance

Share it: CITE

Previous:
Computer Programming

Next:
Documents against acceptance (D/A)

Related Definitions

Time limit on certain defenses provision
Time limit on certain defenses provision in an individual health...
Single limit
Single limit is the total amount of liability insurance that...
Stop-loss limit
Stop-loss limit is a modification of the coinsurance provision in...
Retention limit
Retention limit is an amount of insurance retained by a...
Retained limit
Retained limit is a term found in an umbrella liability...

Recent Definitions

Voluntary Exchange Voluntary exchange is willingly trading goods, services, or resources between...

Sublease A sublease is a contract for residential or commercial space...

Silver Certificate Value A silver certificate is paper money that may be traded...

Signature Loan Signature Loan is the borrowed amount with a set rate...

Blanket Mortgage Blanket Mortgage combines the financing of two or many real...

Straw Buyer Straw Buyer is somebody who purchases anything on someone else's...

Categories

twitter	facebook
linkedin	google
instagram	youtube
tumblr	tagged
stumbleupon	myspace

Limit

Related Definitions

Recent Definitions

Newsletter Subscription