documentary acceptance credit

listen to the pronunciation of documentary acceptance credit
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Definition of documentary acceptance credit in English English dictionary

documentary credit
a commercial letter of credit providing for payment by a bank to the name beneficiary, usually the seller of merchandise, against delivery of documents specified in the credit
documentary credit
A commercial Letter of Credit providing for payment by a bank to the named beneficiary, who is usually the seller of merchandise, against delivery of such documents as may be specified in the credit
documentary credit
All the conditions of a Letter of Credit are met through the presentation of documents, hence, Documentary Credit
documentary credit
Synonymous with "letter of credit "
documentary credit
Written undertaking by a bank on behalf of an importer authorizing an exporter to draw drafts on the bank up to a specified amount under specific terms and conditions Some time know as commercial letter of credit
documentary credit
Credit payable against presentation of documents
documentary credit
The basis of international trade by means of which payment is made against surrender of the specified documents
documentary credit
sometimes used as another name for a letter of credit
documentary credit
bank loan received by opening an account for the purpose of importing goods
documentary acceptance credit

    Hyphenation

    do·cu·men·ta·ry ac·cept·ance cred·it

    Turkish pronunciation

    däkyumentıri äkseptıns kredıt

    Pronunciation

    /ˌdäkyo͞oˈmentərē akˈseptəns ˈkredət/ /ˌdɑːkjuːˈmɛntɜriː ækˈsɛptəns ˈkrɛdət/
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