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The letter of credit is limited in terms of time, the validity of credit, the last date of shipment, and how late after shipment the documents may be presented to the nominated bank. [2] Once the goods have been shipped, the beneficiary will present the requested documents to the nominated bank. [3]
L/C — Letter of credit; L&T - Landlord & Tenant; L.Ed — Lawyers' Edition; L.Ed.2d — Lawyers 2nd Edition; LJ – Postnominals of a Lord or Lady Justice of Appeal (United Kingdom) LJJ – Postnominals of Lords or Ladies Justice of Appeal, plural (United Kingdom) LL.B. – Legum Baccalaureus — Bachelor of Laws; LLC — Limited liability ...
A name suffix in the Western English-language naming tradition, follows a person's surname (last name) and provides additional information about the person. Post-nominal letters indicate that the individual holds a position, educational degree, accreditation, office, or honor (e.g. " PhD ", " CCNA ", " OBE ").
A letter of credit is a written document from a bank guaranteeing the seller of a product or service will be paid as long as the goods or services are provided, as specified. Letters of credit are ...
LIFO – Last In, First Out; LLC – Limited Liability Company; LME – London Metal Exchange; LMS – Learning Management System; Ltd. – Limited Company; LTV – Loan to Value; LOC – Lines of Credit; LOI – Letter of intent; LoU – Letters of Undertaking; LY – Last Year
Merchant cash advances: This alternative type of business loan gives you an advance on your future sales, usually based on future credit or debit card sales. But you may have to pay a percentage ...
A business credit card has features you won’t find with a business line of credit. That may include cash back or travel rewards, employee cards, discounts on business-related purchases and the ...
Circle – O (the letter O is a circle) City – NY , LA (Los Angeles), or EC (postcode for City of London) Closed - TO (like a door) Club – Y ; Coin – P , D (from the Latin denarius) or C – D or C would usually have "old" or "American" as well as "coin". College – C; Cold – C; Colonel – COL; Colt – C; Commercial – AD