CDC and Confirmed letter of credit: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Expand link title.)
 
imported>Administrator
(CSV import)
 
Line 1: Line 1:
1.  ''Development finance institutions - UK government''.
''International trade''
Letter of credit to which the advising bank adds its confirmation to the credit, assuring the exporter that payment will be made under the terms of the letter of credit even if the issuing bank defaults.


CDC is an abbreviation for CDC Group plc.
== See also ==
* [[Letter of credit]]


It is funded by the UK government with the dual objectives of:
*Supporting business growth that lifts people out of poverty; and
*Making a financial return.
CDC was formerly known as the Commonwealth Development Corporation.
The new name of the CDC, with effect from April 2022, is British International Investment plc.
2.  ''Disease - pandemic - US government''.
Center for Disease Control and Prevention.
==See also==
* [[Business & Sustainable Development Commission]]
* [[Commonwealth]]
* [[Corporate social responsibility]]
* [[Department for International Development]]
* [[Development finance institution]]
* [[Foreign, Commonwealth & Development Office]]  (FCDO)
* [[International development agency]]
* [[Pandemic]]
* [[Sustainability]]
* [[United Nations]]
* [[United States Agency for International Development]]
==External link==
*[https://www.cdcgroup.com/en/about/our-company/how-we-operate/ CDC - UK government - How we operate]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Intercompany_funding]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Ethics]]
[[Category:Financial_products_and_markets]]
[[Category:Trade_finance]]

Revision as of 14:19, 23 October 2012

International trade. Letter of credit to which the advising bank adds its confirmation to the credit, assuring the exporter that payment will be made under the terms of the letter of credit even if the issuing bank defaults.

See also