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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.
Credit analysis is the method by which one calculates the creditworthiness of a business or organization. [1] In other words, It is the evaluation of the ability of a company to honor its financial obligations. The audited financial statements of a large company might be analyzed when it issues or has issued bonds.
Adianoeta – a phrase carrying two meanings: an obvious meaning and a second, more subtle and ingenious one (more commonly known as double entendre). Alliteration – the use of a series of two or more words beginning with the same letter. Amphiboly – a sentence that may be interpreted in more than one way due to ambiguous structure.
DIY credit repair: 5 steps to clean up your credit When it comes to errors on your credit reports, you have the legal right to get the information removed or fixed for free.
Legal writing extensively uses technical terminology that can be categorized in four ways: Specialized words and phrases unique to law, e.g., tort, fee simple, and novation. Ordinary words having different meanings in law, e.g., action (lawsuit), consideration (support for a promise), execute (to sign to effect), and party (a principal in a ...
Also apophthegm. A terse, pithy saying, akin to a proverb, maxim, or aphorism. aposiopesis A rhetorical device in which speech is broken off abruptly and the sentence is left unfinished. apostrophe A figure of speech in which a speaker breaks off from addressing the audience (e.g., in a play) and directs speech to a third party such as an opposing litigant or some other individual, sometimes ...
40+ Phrases to Talk Dirty: Still struggling with what to say? Bank a few of these for future use. You can even take credit for them—we won't tell. “You’re so hot. I love it when you’re ...
Angelina Jolie is looking forward to putting her divorce from Brad Pitt behind her.. Now that Jolie, 49, and Pitt, 61, have hashed out the terms of their split eight years after they initially ...