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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.
Grammatical abbreviations are generally written in full or small caps to visually distinguish them from the translations of lexical words. For instance, capital or small-cap PAST (frequently abbreviated to PST) glosses a grammatical past-tense morpheme, while lower-case 'past' would be a literal translation of a word with that meaning.
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).
Circled Latin capital letter C ¤ Currency sign: Square lozenge ("Pillow") various Currency symbols † ‡ Dagger: Obelus: Footnotes, Latin cross – — Dash: Hyphen, Hyphen-minus, minus sign: Em dash, En dash ° Degree sign: Masculine ordinal indicator * * * Dinkus: Asterism, Fleuron, Dingbat (many) Dingbat: Dinkus, Fleuron ⌀ Diameter
A thesaurus (pl.: thesauri or thesauruses), sometimes called a synonym dictionary or dictionary of synonyms, is a reference work which arranges words by their meanings (or in simpler terms, a book where one can find different words with similar meanings to other words), [1] [2] sometimes as a hierarchy of broader and narrower terms, sometimes simply as lists of synonyms and antonyms.
An acceptance credit is a type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been complied with. The bank "accepts" bills of exchange drawn on the bank by the debtor , discounts them and agrees to pay for them when they mature .
An academic, not a professional designation. Identifies a person who has obtained the academic degree Scientiae Juridicae Doctor. It is academically the equivalent of a Ph.D. [48] and is designed for aspiring legal academics who wish to pursue sustained independent study, research, and writing. [49] Master of Laws: LL.M.
A Letter of Understanding (LOU) is a formal text that sums up the terms of an undertakings of a contract which may have been negotiated up to this point only in spoken form or otherwise informally. It reviews the terms of an agreement for a service , a project or a deal and is often written as a step before a more detailed contract is issued.