It means 'Letter of credit'. A form of guarantee of payment issued by a bank on behalf of the borrower, which ensures the payment of interest and repayment of principle on bond issues.
09:43, 15 November 2013
Traditional IRAs give the ability for individuals to ...
Technical term used in the financial derivatives market. A ...
Theory developed by Harry Browne in the 1980s, the theory ...
The writer of an option, whether it be a call or put, ...
An option holder pays the premium (cost of the option) to ...
The ArcView Group is angel investment group and business ...
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