advice of credit

Definition

Popular Terms

Communication from a bank informing a party that the same bank or its correspondent bank (the issuing bank) has opened a letter of credit in that party's favor.

ex works

letter of credi...

consignee

cost and freigh...

free on board (...

landed cost

bill of lading...

trade liberaliz...

You Also Might Like...

Ravinder Kapur

How to Pick a Credit Card for Your Business

One of the easiest and most convenient ways for a small business to raise money is to use a business credit card. You can get one based on your personal credit score, a factor that makes these cards popular with startups. Even existing businesses ... Read more

Adam Colgate

How to Monitor Your Credit - For Free!

Adam Colgate

How Credit Scores Help Consumers

For consumers, a credit score helps determine how much you pay for certain products and services. In some cases, it may even have an effect on your chances in obtaining employment. A credit score gives lenders an idea of your credit risk and ... Read more

Adam Colgate

Want to Increase Your Credit Score Quickly? Here ...

Email Print Embed

Copy & paste this HTML in your website to link to this page