Home > Answers > WhatisLOC twa1354491317

What is LOC?

Answers (1)

XxMEGA_GOKUxX

It means 'Letter of credit'. A form of guarantee of payment issued by a bank on behalf of the borrower, which ensures the payment of interest and repayment of principle on bond issues.

09:43, 15 November 2013

Du måste logga in för att kunna göra inlägg i diskussioner.

Relaterade termer

tontine
Financial services; Personal investment management

A financial arrangement whereby a group of individuals each ...

arbitrage
Financial services; Stocks & securities

Arbitrage is the exploitation or differing prices for the ...

Individual Retirement Account (IRA)
Financial services; Personal investment management

An IRA is a tool for anyone to plan for retirement, while ...

Kleiner Perkins Caufield & Byers (KPCB)
Financial services; Venture capital

Kleiner Perkins Caufield & Byers (KPCB) is a venture ...

Black Monday
Financial services; General Finance

It happened in the 19 of October 1987, when Dow Jones ...

exchange rates
Financial services; Currency exchange

Foreign currency rates have a direct impact on the price ...

Skapad av

Featured blossaries

Top PC games

Kategori: Technology   1 5 Terms

Paintings by Albrecht Dürer

Kategori: Arts   2 19 Terms

alex

Kategori: Animals   1 2 Terms

Hilarious home-made inventions from China

Kategori: Technology   1 4 Terms

Most successful child star

Kategori: Entertainment   1 5 Terms

Slack Features

Kategori: Technology   1 8 Terms

TermWiki is ranked top innovative application by IDC.

© 2024 CSOFT International, Ltd.   

Följ oss på: