unconfirmed credit

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Definition of unconfirmed credit in English English dictionary

unconfirmed letter of credit
Letter of credit bearing the payment undertaking of a single bank, the Issuing bank
unconfirmed letter of credit
Letter of credit that has not been confirmed (see "confirmed letter of credit")
unconfirmed letter of credit
A letter of credit which has not been guaranteed or confirmed by any bank other than the bank that opened it The advising bank merely informs the beneficiary of the letter of credit terms and conditions
unconfirmed credit

    Hyphenation

    unconfirmed cred·it

    Turkish pronunciation

    ʌnkınfırmd kredıt

    Pronunciation

    /ˌənkənˈfərmd ˈkredət/ /ˌʌnkənˈfɜrmd ˈkrɛdət/
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