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2. Demand letter - Wikipedia

   en.wikipedia.org/wiki/Demand_letter

   A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong.

3. Ultimatum - Wikipedia

   en.wikipedia.org/wiki/Ultimatum

   An ultimatum (Latin for 'the last one'; / ˌ ʌ l t ɪ ˈ m eɪ t əm /; pl.: ultimata or ultimatums) is a demand whose fulfillment is requested in a specified period of time and which is backed up by a threat to be followed through in case of noncompliance (open loop). An ultimatum is generally the final demand in a series of requests.

4. Term sheet - Wikipedia

   en.wikipedia.org/wiki/Term_sheet

   The difference between the two is slight and mostly a matter of style: an LOI is typically written in letter form and focuses on the parties' intentions; a term sheet skips most of the formalities and lists deal terms in bullet-point or similar format. There is an implication that an LOI only refers to the final form.

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6. Demand draft - Wikipedia

   en.wikipedia.org/wiki/Demand_draft

   A specimen demand draft. A demand draft (DD) is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee). [1] [2] A demand draft can also be compared to a cheque. However, demand drafts ...

7. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   Standby letter of credit (SBLC): Operates like a commercial letter of credit, except that typically it is retained as a standby instead of being the intended payment mechanism. In other words, this is an LC which is intended to provide a source of payment in the event of non-performance of contract.