standby letters of credit

English - Turkish

Definition of standby letters of credit in English Turkish dictionary: teminat akreditifi
letters of credit: (Ticaret) akreditifler
letters of credit: akreditif
letters of credit: akreditif mektupları

English - English

Definition of standby letters of credit in English English dictionary
letters of credit: plural form of letter of credit
letters of credit: (Also known as "Documentary Credit"), a Letter of Credit is an authority issued by a bank requiring the recipient to pay a sum of money to a specified person or company upon fulfilment of the stipulated terms and conditions See an animation about "Letters of Credit" by clicking here
letters of credit: A letter of credit is a guarantee of payment by a bank (issuing institution)to a third party for a specific amount of money, if certain conditions are met
letters of credit: a document where a commercial bank authorizes a broker-dealer to borrow money as required to meet its obligations The broker-dealer pays an annual fee based on a percentage of the amount borrowed
letters of credit: A guarantee by a bank to honor a borrowing by its customer from a third party, which states the customer has reserved on deposit with the bank sufficient funds to cover the borrowing

standby letters of credit

Hyphenation

standby let·ters of cred·it

ständbay letırz ıv kredıt

/ˈstandˈbī ˈletərz əv ˈkredət/ /ˈstændˈbaɪ ˈlɛtɜrz əv ˈkrɛdət/

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