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Translations for „l c“ in the English » Chinese Dictionary (Go to Chinese » English)

L/C, l/c

L/C abbreviation of letter of credit

Monolingual examples (not verified by PONS Editors)

English

This parameter is usually stated as the L/C ratio. en.wikipedia.org

The goods in the air consignment are consigned directly to the party (the consignee) named in the letter of credit (L/C). en.wikipedia.org

There are four main types of syndicated loan facilities: a revolving credit; a term loan; an L/C; and an acquisition or equipment line (a delayed-draw term loan). en.wikipedia.org

In case (1), the issuing bank most often sends the L/C through its branch office or correspondent bank to avoid fraud. en.wikipedia.org

In case (2), the beneficiary can request the applicant to specify his/her bank (the beneficiary's bank) as the advising bank in an L/C application. en.wikipedia.org

Like any guarantee, an L/C is only as good the issuer. www.nzbusiness.co.nz

Commercial letters of credit (L/C) are most commonly used in international trade transactions as a trusted vehicle to pay for goods. www.risk.net

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