LOC backed: Difference between revisions
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imported>Doug Williamson (Classify page.) |
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Letter of credit backed. | |||
An issue, usually of commercial paper, backed by a bank letter of credit – effectively a bank guarantee. | |||
== See also == | == See also == | ||
* [[Commercial paper]] | * [[Commercial paper]] | ||
*[[Issue]] | |||
* [[Letter of credit]] | * [[Letter of credit]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 17:27, 1 July 2022
Letter of credit backed.
An issue, usually of commercial paper, backed by a bank letter of credit – effectively a bank guarantee.
