Home > Terms > English, UK (UE) > unconfirmed 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.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: People Category: Sportspeople
Fedor Emelianenko
Fedor Emelianenko is a heavyweight martial artist. Born on September 28, 1976 in Russia, Emelianenko has been awarded distinctions in numerous sports, ...
Contributor
Featured blossaries
dnatalia
0
Terms
60
Blossaries
2
Followers
Most Popular Cooking TV Show
Category: Entertainment 4 7 Terms
Browers Terms By Category
- Lumber(635)
- Concrete(329)
- Stone(231)
- Wood flooring(155)
- Tiles(153)
- Bricks(40)
Building materials(1584) Terms
- Bread(293)
- Cookies(91)
- Pastries(81)
- Cakes(69)
Baked goods(534) Terms
- Nightclub terms(32)
- Bar terms(31)
Bars & nightclubs(63) Terms
- Cardboard boxes(1)
- Wrapping paper(1)
Paper packaging(2) Terms
- Skin care(179)
- Cosmetic surgery(114)
- Hair style(61)
- Breast implant(58)
- Cosmetic products(5)