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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.
Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days to pay and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice.
A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or ...
Telugu script (Telugu: తెలుగు లిపి, romanized: Telugu lipi), an abugida from the Brahmic family of scripts, is used to write the Telugu language, a Dravidian language spoken in the Indian states of Andhra Pradesh and Telangana as well as several other neighbouring states.
anna older.brother waccā ḍu come-past- MASC anna waccā ḍu older.brother come-past- MASC The older brother came amma mother wacc-in di come-past- FEM amma wacc-in di mother come-past- FEM Mother came In terms of the verbal agreement system, genders in marking on the Telugu verb only occur in the third person. Third person Singular Plural Masculine tericā- ḍu tericā- ḍu He opened ...
Net 10, net 15, net 30 and net 60 (often hyphenated "net-" and/or followed by "days", e.g., "net 10 days") are payment terms for trade credit, which specify that the net amount (the total outstanding on the invoice) is expected to be paid in full by the buyer within 10, 15, 30 or 60 days of the date when the goods are dispatched or the service is completed.
A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract.It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis.
Strictly speaking, the concept of metaphrase—of "word-for-word translation"—is an imperfect concept, because a given word in a given language often carries more than one meaning; and because a similar given meaning may often be represented in a given language by more than one word.