Letter of Credit Obligation Breached

Letter of Credit Obligation Breached - A Letter of Credit Obligation Breached refers to a situation where a party fails to fulfill their obligation to pay under a letter of credit, which is a document issued by a bank guaranteeing payment to a seller of goods or services.

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Identification

Label (rdfs)
Letter of Credit Obligation Breached
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Definition and Examples

Definition
A Letter of Credit Obligation Breached refers to a situation where a party fails to fulfill their obligation to pay under a letter of credit, which is a document issued by a bank guaranteeing payment to a seller of goods or services.
Examples
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Translations

pt-br
Obrigação de carta de crédito violada
de-de
Verletzung der Akkreditivverpflichtung
fr-fr
Violation de l'obligation de lettre de crédit
ja-jp
信用状の義務違反
zh-cn
信用证义务违约

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Additional Information

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Deprecated
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