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Translations for „L C“ in the English » Polish Dictionary (Go to Polish » English)

L/C N

L/C ECON short for letter of credit

L/C
akredytywa f

See also letter of credit

letter of credit N

Monolingual examples (not verified by PONS Editors)

English
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
This parameter is usually stated as the L/C ratio.
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
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
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
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

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