Meaning of "L/C" in the English dictionary

PRONUNCIATION OF L/C

L/C

WHAT DOES L/C MEAN IN ENGLISH?

Letter of credit

A letter of credit is a document issued by a financial institution, or a similar party, assuring payment to a seller of goods and/or services provided certain documents have been presented to the bank. These are documents that prove that the seller has performed the duties under an underlying contract and the goods have been supplied as agreed. In return for these documents, the beneficiary receives payment from the financial institution that issued the letter of credit. The letter of credit serves as a guarantee to the seller that it will be paid regardless of whether the buyer ultimately fails to pay. In this way, the risk that the buyer will fail to pay is transferred from the seller to the letter of credit's issuer. The letter of credit can also be used to ensure that all the agreed upon standards and quality of goods are met by the supplier, provided that these requirements are reflected in the documents described in the letter of credit. Letters of credit are used primarily in international trade for transactions between a supplier in one country and a customer in another.

Definition of L/C in the English dictionary

The definition of L/C in the dictionary is letter of credit.

TRANSLATION OF L/C

Find out the translation of L/C to 25 languages with our English multilingual translator.

The translations of L/C from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «L/C» in English.

• Translator English - Chinese: 的L / C
• Translator English - Spanish: L / C
• English: L/C
• Translator English - Hindi: एल / सी
• Translator English - Arabic: L / C
• Translator English - Russian: L / C
• Translator English - Portuguese: L / C
• Translator English - Bengali: এল / সি
• Translator English - French: L / C
• Translator English - Malay: L / C
• Translator English - German: L / C
• Translator English - Japanese: L / C
• Translator English - Korean: L / C
• Translator English - Javanese: L / C
• Translator English - Vietnamese: L / C
• Translator English - Tamil: எல் / சி
• Translator English - Marathi: एल / सी
• Translator English - Turkish: L / C
• Translator English - Italian: L / C
• Translator English - Polish: L / C
• Translator English - Ukrainian: L / C
• Translator English - Romanian: L / C
• Translator English - Greek: L / C
• Translator English - Afrikaans: L / C
• Translator English - Swedish: L / C
• Translator English - Norwegian: L / C

10 ENGLISH BOOKS RELATING TO «L/C»

Discover the use of L/C in the following bibliographical selection. Books relating to L/C and brief extracts from same to provide context of its use in English literature.

Handbook of International Banking

L/Cs but to a limited extent the first L/C acts as a form of 'security' for the second L/ C in so far as it is a potential source of reimbursement. Under a back-to-back structure the first L/C is issued in favour of an intermediary who is not supplying the ...

A. W. Mullineux, Victor Murinde, 2003

German Banking Law and Practice in International Perspective

Another alternative to deal with a situation where the documents presented by the Beneficiary are not in accordance with the terms of the Credit is to submit those documents to the Issuing Bank not under the L/C, but in a separate transaction ...

Norbert Horn, 1999

International Financial Management

L/C. The exporter's bank credits the exporter's account. The exporter can get the money even earlier if it discounts the bill under L/C with its bank or when it raises loans on the strength of L/C. Variants of L/C There are many variants of L/C. A ...

Sharan, Vyuptakesh

1. Axially-chiral 7-membered N-heterocyclic Carbenes : ...

Table A2-62. Torsion angles [°] for 3-37. C(16)-N(l)-C(4)-N(2) C(5)-N(l)-C(4)-N(2) C(16)-N(l)-C(4)-Pd(l) C(5)-N(l)-C(4)-Pd(l) C(39)-N(2)-C(4)-N(l) C(40)-N(2)-C(4)-N (l) C(39)-N(2)-C(4)-Pd(l) C(40)-N(2)-C(4)-Pd(l) C(l)-Pd(l)-C(4)-N(l) ...

Christopher C. Scarborough, 2008

Structural Analysis and Synthetic Progress Towards Small ...

0( 18) C(32)-N(l)-C(l)-C(5) -58.0( 19) C(3)-N(2)-C(2)-0(l) -170.2( 16) C(31)-N(2)- C(2)-0(l) -3(3; N(l)-C(l)-C(2)-0(1) 177.8( 15) C(5)-C(l)-C(2)-0(1) 58(2; C(10)-C(l)- C(2)-O(l) -59(2; C(2)-N(2)-C(3)-S(l) -144.7( 15) C(2)-N(2)-C(3)-C(4) -18(2; ...

Nathan Walter Polaske, 2008

Synthesis of Novel Low-valent Early Transition Metal Isocyanides

C(3)-Ti(l)-C(8) 130.55(9) C(42)-Sn(l)-C(54) 98.78(8) C(2)-Ti(l)-C(8) 86.19(8) C(48 )-Sn(l)-C(54) 96.80(8) C(l)-Ti(l)-C(8) 78.42(8) C(42)-Sn(l)-Ti(l) 119.93(6) C(7)-Ti(l) -C(8) 35.20(8) C(48)-Sn(l)-Ti(l) 115.66(6) C(4)-Ti(l)-C(6) 79.49(9) ...

Jessica Marie Allen, 2007

List of orchids used in the fertilisation of hybrids which ...

C. Warscewiczii L.-C. Dominiana j L. purpurata \ C. Dowiana crispa tenebrosa xanthina C. dolosa C. Dowiana aurea . . . C. Gaskelliana .... C. granulosa Schofieldiana C. labiata . . . . . C. Loddigesii .... C. Lüddemanniana . . C. velutina C.

Royal Horticultural Society (Great Britain), Royal Horticultural Society, London, 1905

Focus on Organometallic Chemistry Research

2b: Bond lengths Bond angles S(l)-P(l) 1.965(2) C(2)-P(l)-S(l) 113.1(2) S(2)-P(2) 1.962(2) C(6)-P(2)-S(2) 111.7(2) P(l)-C(2) 1.825(5) P(2)-C(6) 1.809(5) 4a: Bond lengths Bond angles Pd(l)-Cl(l) 2.381(4) Cl(l)-Pd(l)-S(l) 86.88(13) Pd(l)-S(l) ...

Marin A. Cato, 2005

Annals of the Astronomical Observatory of Harvard College

256 L. c. Mar. 20. 111. f и / // 13 46.15 45.96 / и / // 13 41.15 40.86 41.61 40.97 39.87 39.69 13 4o''o3 39.55 40.22 40.64 39.55 39.21 / // 13 40.84 40.24 40.24 f и 4 16.69 15.05 15.94 16.19 / // 13 41.94 41.70 41.80 41.13 49 12''ö2 12.81 12.24 ...

‎1886

Proceedings

Verbena urtifolia L., c. Verbena angustifolia Miehx., s. urticifolia riparia Britton, s. hastata L., c. 101. LABIATAE. Agastache nepetoides Kuntze, 1. Monarda clinopodia L., 1. scrophulariaefolia Kuntze, 1. fistulosa L., c. Blephilia hirsuta Torr, c.

Max Morse, Ohio Academy of Science, 1904