Difference between revisions of "Irrevocable letter of credit"
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| − | + | A letter of credit that cannot be amended or cancelled without the agreement of all parties involved. | |
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* [[Revocable letter of credit]] | * [[Revocable letter of credit]] | ||
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[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
| + | [[Category:Trade_finance]] | ||
Latest revision as of 10:44, 16 November 2016
A letter of credit that cannot be amended or cancelled without the agreement of all parties involved.
