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letter of assurance

См. также в других словарях:

  • Assurance (theology) — Assurance is a Protestant Christian doctrine which states that the inner witness of the Holy Spirit allows the justified disciple to know that they are saved. Based on the writings of St. Augustine of Hippo, assurance was historically a very… …   Wikipedia

  • letter of credit — An engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the credit. A credit may be either revocable or irrevocable …   Black's law dictionary

  • letter of credit — An engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the credit. A credit may be either revocable or irrevocable …   Black's law dictionary

  • letter — n. & v. n. 1 a a character representing one or more of the simple or compound sounds used in speech, any of the alphabetic symbols. b (in pl.) colloq. the initials of a degree etc. after the holder s name. c US a school or college initial as a… …   Useful english dictionary

  • letter of intent — An assurance by a mutual fund shareholder that a certain amount of money will be invested monthly, in exchange for lower sales charges . In mergers, a preliminary merger agreement between companies after significant negotiations. Bloomberg… …   Financial and business terms

  • letter of comfort — noun <! possibly UK and AU only here A type of letter popular in the 1980s addressed to a lender giving some type of reassurance about the position of a borrower (or prospective borrower). Such a letter is written by someone substantial such… …   Wiktionary

  • letter of comfort — A letter to a bank from the parent company of a subsidiary that is trying to borrow money from the bank. The letter gives no guarantee for the repayment of the projected loan but offers the bank the comfort of knowing that the subsidiary has made …   Accounting dictionary

  • letter of comfort — 1) A letter to a bank from the parent company of a subsidiary that is trying to borrow money from the bank. The letter gives no guarantee for the repayment of the projected loan but offers the bank the comfort of knowing that the subsidiary has… …   Big dictionary of business and management

  • letter of comfort — noun an assurance about a debt, short of a legal guarantee, given to a bank by a third party …   English new terms dictionary

  • irrevocable letter of credit — Assurance of funds issued by a bank that cannot be canceled or amended without the beneficiary s approval. Bloomberg Financial Dictionary * * * irrevocable letter of credit irrevocable letter of credit ➔ letter of credit * * * irrevocable letter… …   Financial and business terms

  • revocable letter of credit — Assurance of funds issued by a bank that can be canceled at any time without prior notification to the beneficiary. Bloomberg Financial Dictionary * * * revocable letter of credit revocable letter of credit ➔ letter of credit …   Financial and business terms

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