“credit, letter of”的意思、由来-百科全书

credit, letter of

finance

order from a bank to a bank or other party abroad authorizing payment of money (up to a specified limit) to a person named in the letter. A letter of credit, unlike a bill of exchange (exchange, bill of) (q.v.), is not negotiable but is cashable only by the paying bank.

The two main classes of letters of credit are commercial and traveller's. Commercial letters of credit are often used by exporters and others who wish proof that they will be paid before they ship goods or wish to minimize delay in payment. Traveller's letters of credit are issued for the convenience of foreign travellers and answer the same purpose as traveller's checks.

词条	credit, letter of
释义	credit, letter of finance order from a bank to a bank or other party abroad authorizing payment of money (up to a specified limit) to a person named in the letter. A letter of credit, unlike a bill of exchange (exchange, bill of) (q.v.), is not negotiable but is cashable only by the paying bank. The two main classes of letters of credit are commercial and traveller's. Commercial letters of credit are often used by exporters and others who wish proof that they will be paid before they ship goods or wish to minimize delay in payment. Traveller's letters of credit are issued for the convenience of foreign travellers and answer the same purpose as traveller's checks.
随便看	Simon-Nicolas-Henri Linguet Simon of Saint-Quentin Simon Of Sudbury Simon, Paul Simon Ramo Simon Raven Simon, Sir John Simonson, Lee Simon Stevin Simonstown Simons, Walter Simon the Apostle, Saint Simon van der Meer Simon Vestdijk Simon Vouet Simon Wiesenthal Simon Willard simony simoom simple harmonic motion Simple sentences-first pattern Simple sentences-second pattern Simplicius Of Cilicia Simplicius, Saint Simplon Pass