Confirmed Letter of Credit

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A letter of credit which a bank other than the bank that opened it agrees to honor as though they had themselves issued it. This additional confirmation is in addition to the obligation of the bank which issued the letter of credit.

Confirmed Letter of Credit

A letter of credit guaranteed by two banks. That is, a bank agrees to honor the letter of credit and make the required payment in case both the letter's holder and the original, issuing bank both fail to make payment. This reduces the risk of the letter of credit to an absolute minimum.

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Unconfirmed Letter of Credit			The cost is about the same as it is for a confirmed letter of credit without any of the paperwork. Safe harbors for overseas shipments by Stroh, Leslie / Financial Executive On our July earnings call, we noted that the customer had been unable to open the confirmed letter of credit which we require in this transaction before making any shipments. Kadant Reports Diluted EPS of $.50 in the Third Quarter of 2008 and ... by Business Wire Due to the size and risks associated with a contract of this nature, the Company obtained a confirmed letter of credit to secure payment. Criticare Systems, Inc. Announces a Correction to the Preliminary, ... by Business Wire			conditions, covenants, and restrictions Condizioni di affari condo cowboys condominium condominium conversion condominium declaration condominium owners association Condonacion de la deuda Condor condotel conduit conduit financing Conduit IRA conduit tax treatment conduit theory Conference Call Conference Calls Conferenza telefonica Conferimento Confidence Indicator Confidence letter Confidence Level Confirmacion Confirmation confirmation of sale Confirmed Letter of Credit Confirming Bank confiscation Conflict between bondholders and stockholders conflict of interest Conflitto di interessi conforming loan Conforming Loans Conforming Mortgage conformity principle Congestion Congestion Area Conglomerado Conglomerate Conglomerate Merger Conglomerato Congolese Franc congregate housing Conocimiento de embarque Conocimiento de embarque con reservas Conscience Fund Consegnatario Conseil d'administration Consensus Estimate Consensus Forecast Consensus Rating or Consensus Estimate			confirmations confirmations confirmations confirmations confirmative confirmative Confirmator confirmatory confirmatory Confirmatory Action Letter Confirmatory factor analysis Confirmatory Factor Analytic Confirmatory typing confirmed confirmed confirmed confirmed confirmed confirmed confirmed Confirmed and Made a Matter of Record Confirmed bachelor Confirmed bachelor Confirmed bachelor Confirmed by the U.S. Senate Confirmed by the U.S. Senate Confirmed Delivery Date confirmed habit confirmed judgment Confirmed Kills Confirmed Letter of Credit Confirmed Letters of Credit Confirmed Line Item Performance confirmed opposition Confirmed Opt-In confirmed sire confirmed sire confirmed sire confirmed sire confirmed way confirmedly confirmedly confirmedly Confirmedness Confirmee Confirmee confirmer confirmer confirming confirming confirming confirming confirming confirming Confirming Bank Confirming Bank Confirming Banks Confirming Banks Confirming Design Layout Report Confirming Design Layout Report Date Confirming Requisition Follows

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