Letter of credit: Difference between revisions

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(Created page with "An old fashioned form of {{t|credit support}}. Lots of formal rules and legal form-obeisance.")
 
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An old fashioned form of {{t|credit support}}. Lots of formal rules and legal form-obeisance.
{{g}}An old fashioned form of {{t|credit support}}. A bank writes an unconditional letter Lots of formal rules and legal form-obeisance.

Revision as of 14:37, 6 November 2019

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


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An old fashioned form of credit support. A bank writes an unconditional letter Lots of formal rules and legal form-obeisance.