letter of credit Meaning in Punjabi ( letter of credit ਪੰਜਾਬੀ ਭਾਸ਼ਾ ਵਿੱਚ ਇਸ ਸ਼ਬਦ ਦਾ ਕੀ ਅਰਥ ਹੈ?)
ਕ੍ਰੈਡਿਟ ਦਾ ਪੱਤਰ, ਅਕਾਲਪਤ੍ਰ,
Noun:
ਅਕਾਲਪਤ੍ਰ,
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letter of credit's Usage Examples:
A cheque guarantee card was literally an abbreviated portable letter of credit granted by a bank to a qualified depositor in the form of a plastic card.
letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international.
This can be used for letter of credit business or open account transactions.
A bank guarantee is similar to but not the same as a letter of credit.
There are in fact three different entities participating in the letter of credit transaction: the seller, the buyer, and the banker.
Therefore, a letter of credit theoretically fits as a collateral.
An air waybill executed according to the terms of the letter of credit allows the shipper to present the.
issued with most money center banks preferring to issue a standby letter of credit (SBLC) instead, primarily due to the banks familiarity with the undertaking.
type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been.
entities participating in the letter of credit transaction: the seller, the buyer, and the banker.
TeamTennis required Bereman to sign a US"87,500 letter of credit before the start of the season.
Another example of an implied contract is the payment method known as a letter of credit.
A standby letter of credit (SLOC) is a letter issued by a bank guaranteeing payment to a beneficiary.
Synonyms:
PS, address, open letter, name and address, business letter, dead letter, mail, dead mail, crank letter, invitation, form letter, missive, air letter, document, encyclical letter, aerogram, round robin, line, personal letter, epistle, aerogramme, chain letter, textual matter, cover letter, postscript, pastoral, encyclical, text, destination, correspondence, covering letter, fan letter, letter of intent, airmail letter,
Antonyms:
ordinal, uppercase, lowercase, superscript, subscript,