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  2. 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.

  3. List of business terms - Wikipedia

    en.wikipedia.org/wiki/List_of_business_terms

    Outline what the solution will look like Deep dive Get into the detail Drill down Investigate in depth [1] Flogging a dead horse: Wasting efforts [1] Have the vendor in our pocket Keep a vendor/contractors paid Ideate Come up with ideas [1] Land and expand To sell a small solution and then grow it within the client's environment Make hay

  4. Uniform Customs and Practice for Documentary Credits

    en.wikipedia.org/wiki/Uniform_Customs_and...

    The Uniform Customs and Practice for Documentary Credits (UCP) is a set of rules on the issuance and use of letters of credit. The UCP is utilized by bankers and commercial parties in more than 175 countries in trade finance. Some 11-15% of international trade utilizes letters of credit, totaling over a trillion dollars (US) each year.

  5. Today's 10 Worst Phrases to Use in Business - AOL

    www.aol.com/.../07/worst-phrases-to-use-in-business

    Frances Cole Jones, author of "The Wow Factor" In January 2009, YouGov published its list of the 10 worst business sayings. Some I more than agreed with ("thinking outside of the box," "blue-sky ...

  6. 61 words and phrases to eliminate from your business writing ...

    www.aol.com/article/2016/07/19/61-words-and...

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  7. The Business Style Handbook - Wikipedia

    en.wikipedia.org/wiki/The_Business_Style_Handbook

    The book also includes a 200-page section of A-to-Z entries on usage, grammar, punctuation and spelling for words and phrases commonly used in business writing. [citation needed] Example: ampersand (&) Use the ampersand in an organization’s formal name if that is what the organization uses, as in Barnes & Noble (do not write Barnes and Noble).

  8. Types of business lines of credit - AOL

    www.aol.com/finance/types-business-lines-credit...

    These loans can be short-term, such as 24 months or less, or long-term, going up to 10 years. Business credit cards: Business credit cards work similarly to a revolving business line of credit ...

  9. Business letter - Wikipedia

    en.wikipedia.org/wiki/Business_letter

    Business letters can have many types of content, for example to request direct information or action from another party, to order supplies from a supplier, to point out a mistake by the letter's recipient, to reply directly to a request, to apologize for a wrong, or to convey goodwill. A business letter is sometimes useful because it produces a ...

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