| Title: |
Global Trading | Letters of Credit |
| Description: |
Most of the trade in the world is carried out internationally. In order to facilitate this a business requires trade agreements with their partners and counterparts. At the riskier end, trade can be completed on open account terms, where the risk of the seller bares the risk of not being paid. A letter of credit (LC) mitigates against the risk. |
| Category: |
Unavailable |
| Keywords: |
Letters of Credit, Why are Letters of Credit Used, Irrevocable Letter of Credit, Confirmed Letter of Credit, Transferrable Letter of Credit, Letter of Credit at Sight, Usance Letters of Credit, Red Clause Letter of Credit, Types of Letters of Credit, International Trade, What is a Letter of Credit |
| Plot IP Analysis: |
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