Letter of Credit

Letter of Credit - A Letter of Credit is a written agreement between a buyer and a seller, typically used in international trade, in which a bank guarantees payment to the seller upon receipt of certain documents.

Class Information

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Identification

Label (rdfs)
Letter of Credit
Preferred Label
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Definition and Examples

Definition
A Letter of Credit is a written agreement between a buyer and a seller, typically used in international trade, in which a bank guarantees payment to the seller upon receipt of certain documents.
Examples
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Translations

de-de
Akkreditiv
es-es
Carta de Crédito
es-mx
Carta de Crédito
pt-br
Carta de crédito
en-gb
Letter of Credit
fr-fr
Lettre de crédit
he-il
אישור אשראי
hi-in
क्रेडिट पत्र
ja-jp
信用状
zh-cn
信用证

Class Relationships

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Additional Information

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Deprecated
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Metadata

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