What is ILOC irrevocable letter of credit

irrevocable letter of credit

  • irrevocable letter of credit - ⇡ Letter of Credit… Lexicon of Economics

  • Letter of credit - 1. Characterization: a) Term: The term A. means an obligation of a bank (opening bank, letter of credit) on behalf of and on the instructions of a customer (letter of credit client; e.g. an importer) against delivery of the prescribed ... ... lexicon of economics

  • Letter of credit - A letter of credit (from Latin credere, to believe, English letter of credit (L / C)) is a certificate of a person or corporation to another. Table of contents 1 Documentary credit 1.1 The documentary credit as an instrument of…… German Wikipedia

  • Letter of credit - A letter of credit (from Latin credere, to believe, English letter of credit (L / C)) is a certificate from one person or corporation to another. Table of contents 1 Documentary credit 1.1 The documentary credit as an instrument of…… German Wikipedia

  • L / C - A letter of credit (from Latin credere, to believe, English letter of credit (L / C)) is a certificate from one person or corporation to another. Table of contents 1 Documentary credit 1.1 The documentary credit as an instrument of…… German Wikipedia

  • Letter of Credit - A letter of credit (from Latin credere, to believe, English letter of credit (L / C)) is a certificate of a person or corporation to another. Table of contents 1 Documentary credit 1.1 The documentary credit as an instrument of…… German Wikipedia

  • Forbearance letter of credit - A letter of credit (from Latin credere, to believe, English letter of credit (L / C)) is a certificate of a person or corporation to another. Table of contents 1 Documentary credit 1.1 The documentary credit as an instrument of…… German Wikipedia

  • Foreign trade finance - In the broader sense, generic term for international payment, security and financing instruments as well as the corresponding international payment terms; i.e.S. Generic term for export finance, import finance and partly also ... ... Lexicon of Economics