Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- abbreviation letter of credit
from The Century Dictionary.
- noun An abbreviation of
Lord Chief Baron . - noun An abbreviation of
Licentiate of the College of Preceptors . - noun An abbreviation of
London County Council . - noun An abbreviation of
Lord Chief Justice .
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- abbreviation finance, banking
letter of credit - abbreviation
lowercase
Etymologies
Sorry, no etymologies found.
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Examples
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Practical and timely adjustment of export financing An exporter having L/C could get a loan from any bank for a certain proportion of the face value of the L/C.
Strategic Management in Developing Countries Case Studies James E. Austin 2000
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Practical and timely adjustment of export financing An exporter having L/C could get a loan from any bank for a certain proportion of the face value of the L/C.
Strategic Management in Developing Countries Case Studies James E. Austin 2000
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Special instructions: is transit or transshipment allowed (best to write "transshipment allowed"), is part shipment allowed (best to write "part shipment or partial shipment allowed") If carriage or delivery not according to L/C - L/C will NOT BE PAID!!!
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