Home > Term: bank to bank letter of credit_(L/C)
bank to bank letter of credit_(L/C)
Letter of credit issued by one bank to another as a security for a loan advanced to a third party.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: General accounting
0
Creator
- anton.chausovskyy
-
(Silver) 920 points - 100% positive feedback
