एल.सी. (क्रेडिट लेटर) क्या है?
एल.सी. (क्रेडिट लेटर) A formal document issued by a bank guaranteeing payment to a beneficiary on behalf of the applicant, provided that specific terms and conditions are met, widely used in international trade.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “एल.सी. (क्रेडिट लेटर)” Used in Practice?
निर्यातक अंतर्राष्ट्रीय भुगतान के लिए एल.सी. मांगते हैं जिससे बैंक से भुगतान की गारंटी मिलती है।
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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एल.सी. (क्रेडिट लेटर) क्या है?
A formal document issued by a bank guaranteeing payment to a beneficiary on behalf of the applicant, provided that specific terms and conditions are met, widely used in international trade.
Where can I learn this term for free?
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