| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,724,261,069 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Sight Letter of Credit |
Also found in: Acronyms | 0.01 sec. |
|
Sight Letter of Credit A letter of credit made payable to a beneficiary upon presentation to the opener of conforming documents. Sight Letter of Credit A letter of credit that is payable to the beneficiary once certain requirements have been met. Like any letter of credit, a sight letter of credit guarantees that payment will be made on certain goods in the event that the buyer is unable to do so. However, a key difference is the fact that a sight letter of credit requires extra paperwork to be filed with the guarantor to prove that payment has not been received. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | |
|---|---|
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|