Inicio > Term: Revocable letter of credit
Revocable letter of credit
Documentary credit that can be modified or cancelled at any time. The revocable letter of credit is hardly ever used because it offers little security.
- Parte del discurso: noun
- Industria/ámbito: Banca
- Categoría: Banca de inversión
- Company: UBS
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- Harry8L
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(London, United Kingdom)
