direct letter of credit

direct letter of credit

Big dictionary of business and management. 2014.

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  • letter of credit — letter of credit: a document issued to a beneficiary at the request of the issuer s customer in which the issuer (as a bank) promises to honor a demand for payment by the beneficiary in order to satisfy or secure the customer s debt compare… …   Law dictionary

  • Letter of credit — After a contract is concluded between buyer and seller, buyer s bank supplies a letter of credit to seller …   Wikipedia

  • letter — let·ter n 1: a direct written statement addressed to an individual or organization; broadly: an official communication see also counterletter determination letter: a letter from an administrative agency (as the Internal Revenue Service) usu. in… …   Law dictionary

  • credit — {{Roman}}I.{{/Roman}} noun 1 arrangement to pay later; money borrowed ADJECTIVE ▪ long term, short term ▪ interest free ▪ foreign ▪ bank ▪ …   Collocations dictionary

  • letter — I (New American Roget s College Thesaurus) n. character, symbol; cuneiform, hieroglyphic; capital, majuscule; small letter, minuscule; consonant, vowel, digraph, diphthong; missive, note. See writing, communication. II (Roget s IV) n. 1. [A unit… …   English dictionary for students

  • Direct mail — Direct mail, also known as junk mail, advertising mail or admail, is the delivery of advertising material to recipients of postal mail. It forms a significant subdiscipline of direct marketing. Some organizations attempt to help people opt out of …   Wikipedia

  • Direct Democracy Party of New Zealand — Founded 2005 Dissolved 30 June 2009 …   Wikipedia

  • Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …   Wikipedia

  • Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …   Wikipedia

  • Social Credit — is a socio economic philosophy wherein consumers, fully provided with adequate purchasing power, establish the policy of production through exercise of their monetary vote.cite book |title=Credit Power and Democracy |last=Douglas |first=C.H.… …   Wikipedia

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