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| This dictionary contains: 24549 financial terms |
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Bank Letter of Credit Policy
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Bank Letter of Credit PolicyStandards allowing banks to confirm letters of credit by foreign banks supporting the purchase of US exports.
RELATED TERMS--------------------------------------
Credit
Money loaned.
Foreign
Money that flows offshore and likely never returns. Flight is exacerbated by a lack of confidence as government grows without bounds.
Purchase
Buy; be long; have an ownership position.
Exports
Goods or services sold to parties in foreign countries.
SIMILAR TERMS--------------------------------------
Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.
Bank acceptance
Bank acceptance means a draft or bill of exchange drawn upon and accepted by a bank.
Bank anticipation notes (BAN)
Notes issued by states and municipalities to obtain interim financing for projects that will eventually be funded long term through the sale of a bond issue.
Bank Austria
Bank Austria is a major Austrian bank.
Bank Central Asia
Bank Central Asia is a top Indonesian corporation in the field of banking, and its estimated market value is 4,340 million US dollars.
Bank collection float
The time that elapses between when a check is deposited into a bank account and when the funds are available to the depositor, during which period the bank is collecting payment from the payer's bank.
Bank credit
The maximum credit an individual may secure from his/her bank.
Bank Danamon
Bank Danamon is a top Indonesian corporation in the field of banking, and its estimated market value is 2,530 million US dollars.
Bank depenture
Bank debentures cannot be publicly traded and even in jurisdictions where a letter of credit can also be called a "bank guarantee", such guarantees cannot be traded or sold publicly on a market.
Bank discount basis
A convention used for quoting bids and offers for Treasury bills in terms of annualized yield, based on a 360-day year.
Bank draft
A draft addressed to a bank.
Bank for International Settlements (BIS)
An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the US Federal Reserve System.
BANK FUND STAFF
BANK FUND STAFF is a credit union with head office in WASHINGTON, DC
Bank giro credit
A system operated by the clearing banks in which a paper slip/document instructs a bank branch to credit a sum of money to a specified account at that branch.
Bank guarantee
A guarantee from a lending institution ensuring that the liabilities of a debtor will be met.
Bank Hapoalim
Bank Hapoalim is a top Israeli corporation in the field of banking, and its estimated market value is 4,550 million US dollars.
Bank Hapoalim B.M.
A United States bank with head office in New York City, New York.
Bank holding company
A company that owns or has controlling interest in two or more banks and/or other bank holding companies.
Bank insurance
A guarantee on a specified amount of deposits in a bank.
Bank Insurance Fund (BIF)
A unit of the Federal Deposit Insurance Corporation (FDIC) that provides deposit insurance for banks excluding thrifts.
Bank investment contract (BIC)
Interest guaranteed by the bank in a portfolio over a specific time frame with a specific yield.
Bank Leumi le-Israel
Bank Leumi le-Israel is a top Israeli corporation in the field of banking, and its estimated market value is 4,170 million US dollars.
Bank Leumi USA
A United States bank with head office in New York City, New York.
Bank line
Line of credit that a bank grants to a customer.
Bank Mandiri
Bank Mandiri is a top Indonesian corporation in the field of banking, and its estimated market value is 3,940 million US dollars.
Bank note
A term used synonymously with paper money or currency issued by a bank. Notes are, in effect, a promise to pay the bearer on demand the amount stated on the face of the note.
Bank of America
A United States bank with head office in Charlotte, North Carolina.
Bank of America Oregon
A United States bank with head office in Portland, Oregon.
Bank of America, Rhode Island, National Assocation
A United States bank with head office in Providence, RI.|RI|||
Bank of Ayudhya
Bank of Ayudhya is a top Thai corporation in the field of banking, and its estimated market value is 10 million US dollars.
Bank of Baroda
Bank of Baroda is a top Indian corporation in the field of banking, and its estimated market value is 1,470 million US dollars.
Bank of Canada (BOC)
The central bank of Canada, that came into existence after the passing of the Bank of Canada Act in 1935, influences the country's economy and money supply.
BANK OF CHINA
BANK OF CHINA is a securities company with code 03988 at Hong Kong stock. Board lot: 1,000.
BANK OF E ASIA
BANK OF E ASIA is a securities company with code 00023 at Hong Kong stock. Board lot: 200.
Bank of East Asia
Bank of East Asia is a top Hong Kong/Chinese corporation in the field of banking, and its estimated market value is 4,510 million US dollars.
Bank of England (BoE)
The central bank of the United Kingdom, similar to the Federal reserve in the United States and the Bundesbank in Germany.
Bank of Fukuoka
Bank of Fukuoka is a top Japanese corporation in the field of banking, and its estimated market value is 3,840 million US dollars.
Bank of Greece
Bank of Greece is a top Greek corporation in the field of banking, and its estimated market value is 1,620 million US dollars.
Bank of Hawaii
A United States bank with head office in Honolulu, Hawaii.
Bank of Ikeda
Bank of Ikeda is a top Japanese corporation in the field of banking, and its estimated market value is 1,070 million US dollars.
Bank of India
Bank of India is a top Indian corporation in the field of banking, and its estimated market value is 0,990 million US dollars.
Bank of International Settlements (BIS)
Conduct that raises a strong presumption that it was undertaken with the intent to delay, hinder or defraud a creditor.
Bank of Ireland
Bank of Ireland is a top Irish corporation in the field of banking, and its estimated market value is 16,250 million US dollars.
Bank of Iwate
Bank of Iwate is a top Japanese corporation in the field of banking, and its estimated market value is 1,010 million US dollars.
Bank of Kyoto
Bank of Kyoto is a top Japanese corporation in the field of banking, and its estimated market value is 2,830 million US dollars.
Bank of Montreal
Bank of Montreal is one of Canada's largest banks.
Bank of Nagoya
Bank of Nagoya is a top Japanese corporation in the field of banking, and its estimated market value is 1,280 million US dollars.
Bank of New York
A United States bank with head office in New York, New York.
Bank of Nova Scotia
Bank of Nova Scotia is one of Canada's largest banks.
Bank of Okinawa
Bank of Okinawa is a top Japanese corporation in the field of banking, and its estimated market value is 0,640 million US dollars.
Bank of Queensland Limited.
Bank of Queensland Limited. is a large Australian company in the field of banking. Their Australian Stock Exchange (ASX) code is BOQ.
Bank of Ryukyus
Bank of Ryukyus is a top Japanese corporation in the field of banking, and its estimated market value is 0,690 million US dollars.
Bank of Saga
Bank of Saga is a top Japanese corporation in the field of banking, and its estimated market value is 0,660 million US dollars.
Bank of Stockton
A United States bank with head office in Stockton, California.|CA|||
Bank of the Ozarks
A United States bank with head office in Little Rock, Arkansas.|AR|||
Bank of Yokohama
Bank of Yokohama is a top Japanese corporation in the field of banking, and its estimated market value is 8,760 million US dollars.
Bank Rakyat Indonesia
Bank Rakyat Indonesia is a top Indonesian corporation in the field of banking, and its estimated market value is 4,150 million US dollars.
Bank regulation
The formulation and issuance by authorized agencies of specific rules or regulations, under governing law, for the conduct and structure of banking.
Bank run (bank panic)
A series of unexpected cash withdrawals caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency.
Bank secrecy
In most countries one of the terms of the relationship between banker and customer is that the banker will keep the customer's affairs secret. Staff members are usually required to sign a declaration of secrecy on bank business.
Bank statement
A document, issued by a bank to its customers, listing details of debit and credit transactions over a given period with a resultant balance of the account.
Bank trust department
Bank department that deals with estates, administers trusts, and provides services such as estate planning advice to its clients.
Bank wire
A computer message system linking major banks. It is used not for effecting payments, but as a mechanism to advise the receiving bank of some action that has occurred.
Bank-based corporate governance system
Organization of a supervisory board so that it is dominated by bankers and corporate insiders.
Banka Amerikane e Shqiperise
Banka Amerikane e Shqiperise is a major Albanian bank.
Banka Nderkombetare Tregtare
Banka Nderkombetare Tregtare is a major Albanian bank.
Bankal Inversiones 98, SICAV, S.A.
Bankal Inversiones 98, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.
BankAtlantic
A United States bank with head office in Fort Lauderdale, Florida.
BANKCOMM
BANKCOMM is a securities company with code 03328 at Hong Kong stock. Board lot: 1,000.
Banker
Banker is a Bulgarian newspaper.
Banker's acceptance
A short-term credit investment created by a nonfinancial firm and guaranteed by a bank as to payment. Acceptances are traded at discounts to face value in the secondary market.
Bankers Trust Company, National Association
A United States bank with head office in Des Moines, IA.|IA|||
BankFinancial, FSB
A United States bank with head office in Olympia Fields, IL.
Bankgesellschaft Berlin
Bankgesellschaft Berlin is a top German corporation in the field of banking, and its estimated market value is 3,130 million US dollars.
Banking delay
Time required for processing and clearing a check through the banking system.
Banking passaport
A banking passport is simply that create a "new person" with another nationality and a full set of ID, separate "legal entity" through a second passport (or third) in a name of choice.
Bankinter
Bankinter is a top Spanish corporation in the field of banking, and its estimated market value is 4,090 million US dollars.
Bankinter, S.A.
Bankinter, S.A. is a Spanish company listed at Madrid Stock Exchange's Continuous Market. Its business activity is banking.
Bankmail
An agreement between a company engaged in a takeover bid and a bank that the bank will not finance the bid of another acquirer.
Bankruptcy
The state of a person or firm unable to repay debts.
Bankruptcy cost view
The argument that expected indirect and direct bankruptcy costs offset the other benefits from leverage so that the optimal amount of leverage is less than 100% debt financing.
Bankruptcy financing
Financing arranged by a company while under the chapter 11 bankruptcy process. Such financing is extremely high risk and is done at a relatively high interest rate.
Bankruptcy risk
The risk that a firm will be unable to meet its debt obligations. Also referred to as default or insolvency risk.
Bankruptcy view
The argument that expected bankruptcy costs preclude firms from financing entirely with debt.
Banksys
Banksys is a major Belgian company.
BankUnited
A United States bank with head office in Coral Gables, Florida.
PREVIOUS AND NEXT TERMS--------------------------------------
Bank guarantee
A guarantee from a lending institution ensuring that the liabilities of a debtor will be met.
Bank holding company
A company that owns or has controlling interest in two or more banks and/or other bank holding companies.
Bank insurance
A guarantee on a specified amount of deposits in a bank.
Bank Insurance Fund (BIF)
A unit of the Federal Deposit Insurance Corporation (FDIC) that provides deposit insurance for banks excluding thrifts.
Bank investment contract (BIC)
Interest guaranteed by the bank in a portfolio over a specific time frame with a specific yield.
Bank Letter of Credit Policy
Bank line
Line of credit that a bank grants to a customer.
Bank note
A term used synonymously with paper money or currency issued by a bank. Notes are, in effect, a promise to pay the bearer on demand the amount stated on the face of the note.
Bank of Canada (BOC)
The central bank of Canada, that came into existence after the passing of the Bank of Canada Act in 1935, influences the country's economy and money supply.
Bank of England (BoE)
The central bank of the United Kingdom, similar to the Federal reserve in the United States and the Bundesbank in Germany.
Bank of International Settlements (BIS)
Conduct that raises a strong presumption that it was undertaken with the intent to delay, hinder or defraud a creditor.
RELATED TERMS--------------------------------------
Credit
Money loaned.
Foreign
Money that flows offshore and likely never returns. Flight is exacerbated by a lack of confidence as government grows without bounds.
Purchase
Buy; be long; have an ownership position.
Exports
Goods or services sold to parties in foreign countries.
SIMILAR TERMS--------------------------------------
Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.
Bank acceptance
Bank acceptance means a draft or bill of exchange drawn upon and accepted by a bank.
Bank anticipation notes (BAN)
Notes issued by states and municipalities to obtain interim financing for projects that will eventually be funded long term through the sale of a bond issue.
Bank Austria
Bank Austria is a major Austrian bank.
Bank Central Asia
Bank Central Asia is a top Indonesian corporation in the field of banking, and its estimated market value is 4,340 million US dollars.
Bank collection float
The time that elapses between when a check is deposited into a bank account and when the funds are available to the depositor, during which period the bank is collecting payment from the payer's bank.
Bank credit
The maximum credit an individual may secure from his/her bank.
Bank Danamon
Bank Danamon is a top Indonesian corporation in the field of banking, and its estimated market value is 2,530 million US dollars.
Bank depenture
Bank debentures cannot be publicly traded and even in jurisdictions where a letter of credit can also be called a "bank guarantee", such guarantees cannot be traded or sold publicly on a market.
Bank discount basis
A convention used for quoting bids and offers for Treasury bills in terms of annualized yield, based on a 360-day year.
Bank draft
A draft addressed to a bank.
Bank for International Settlements (BIS)
An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the US Federal Reserve System.
BANK FUND STAFF
BANK FUND STAFF is a credit union with head office in WASHINGTON, DC
Bank giro credit
A system operated by the clearing banks in which a paper slip/document instructs a bank branch to credit a sum of money to a specified account at that branch.
Bank guarantee
A guarantee from a lending institution ensuring that the liabilities of a debtor will be met.
Bank Hapoalim
Bank Hapoalim is a top Israeli corporation in the field of banking, and its estimated market value is 4,550 million US dollars.
Bank Hapoalim B.M.
A United States bank with head office in New York City, New York.
Bank holding company
A company that owns or has controlling interest in two or more banks and/or other bank holding companies.
Bank insurance
A guarantee on a specified amount of deposits in a bank.
Bank Insurance Fund (BIF)
A unit of the Federal Deposit Insurance Corporation (FDIC) that provides deposit insurance for banks excluding thrifts.
Bank investment contract (BIC)
Interest guaranteed by the bank in a portfolio over a specific time frame with a specific yield.
Bank Leumi le-Israel
Bank Leumi le-Israel is a top Israeli corporation in the field of banking, and its estimated market value is 4,170 million US dollars.
Bank Leumi USA
A United States bank with head office in New York City, New York.
Bank line
Line of credit that a bank grants to a customer.
Bank Mandiri
Bank Mandiri is a top Indonesian corporation in the field of banking, and its estimated market value is 3,940 million US dollars.
Bank note
A term used synonymously with paper money or currency issued by a bank. Notes are, in effect, a promise to pay the bearer on demand the amount stated on the face of the note.
Bank of America
A United States bank with head office in Charlotte, North Carolina.
Bank of America Oregon
A United States bank with head office in Portland, Oregon.
Bank of America, Rhode Island, National Assocation
A United States bank with head office in Providence, RI.|RI|||
Bank of Ayudhya
Bank of Ayudhya is a top Thai corporation in the field of banking, and its estimated market value is 10 million US dollars.
Bank of Baroda
Bank of Baroda is a top Indian corporation in the field of banking, and its estimated market value is 1,470 million US dollars.
Bank of Canada (BOC)
The central bank of Canada, that came into existence after the passing of the Bank of Canada Act in 1935, influences the country's economy and money supply.
BANK OF CHINA
BANK OF CHINA is a securities company with code 03988 at Hong Kong stock. Board lot: 1,000.
BANK OF E ASIA
BANK OF E ASIA is a securities company with code 00023 at Hong Kong stock. Board lot: 200.
Bank of East Asia
Bank of East Asia is a top Hong Kong/Chinese corporation in the field of banking, and its estimated market value is 4,510 million US dollars.
Bank of England (BoE)
The central bank of the United Kingdom, similar to the Federal reserve in the United States and the Bundesbank in Germany.
Bank of Fukuoka
Bank of Fukuoka is a top Japanese corporation in the field of banking, and its estimated market value is 3,840 million US dollars.
Bank of Greece
Bank of Greece is a top Greek corporation in the field of banking, and its estimated market value is 1,620 million US dollars.
Bank of Hawaii
A United States bank with head office in Honolulu, Hawaii.
Bank of Ikeda
Bank of Ikeda is a top Japanese corporation in the field of banking, and its estimated market value is 1,070 million US dollars.
Bank of India
Bank of India is a top Indian corporation in the field of banking, and its estimated market value is 0,990 million US dollars.
Bank of International Settlements (BIS)
Conduct that raises a strong presumption that it was undertaken with the intent to delay, hinder or defraud a creditor.
Bank of Ireland
Bank of Ireland is a top Irish corporation in the field of banking, and its estimated market value is 16,250 million US dollars.
Bank of Iwate
Bank of Iwate is a top Japanese corporation in the field of banking, and its estimated market value is 1,010 million US dollars.
Bank of Kyoto
Bank of Kyoto is a top Japanese corporation in the field of banking, and its estimated market value is 2,830 million US dollars.
Bank of Montreal
Bank of Montreal is one of Canada's largest banks.
Bank of Nagoya
Bank of Nagoya is a top Japanese corporation in the field of banking, and its estimated market value is 1,280 million US dollars.
Bank of New York
A United States bank with head office in New York, New York.
Bank of Nova Scotia
Bank of Nova Scotia is one of Canada's largest banks.
Bank of Okinawa
Bank of Okinawa is a top Japanese corporation in the field of banking, and its estimated market value is 0,640 million US dollars.
Bank of Queensland Limited.
Bank of Queensland Limited. is a large Australian company in the field of banking. Their Australian Stock Exchange (ASX) code is BOQ.
Bank of Ryukyus
Bank of Ryukyus is a top Japanese corporation in the field of banking, and its estimated market value is 0,690 million US dollars.
Bank of Saga
Bank of Saga is a top Japanese corporation in the field of banking, and its estimated market value is 0,660 million US dollars.
Bank of Stockton
A United States bank with head office in Stockton, California.|CA|||
Bank of the Ozarks
A United States bank with head office in Little Rock, Arkansas.|AR|||
Bank of Yokohama
Bank of Yokohama is a top Japanese corporation in the field of banking, and its estimated market value is 8,760 million US dollars.
Bank Rakyat Indonesia
Bank Rakyat Indonesia is a top Indonesian corporation in the field of banking, and its estimated market value is 4,150 million US dollars.
Bank regulation
The formulation and issuance by authorized agencies of specific rules or regulations, under governing law, for the conduct and structure of banking.
Bank run (bank panic)
A series of unexpected cash withdrawals caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency.
Bank secrecy
In most countries one of the terms of the relationship between banker and customer is that the banker will keep the customer's affairs secret. Staff members are usually required to sign a declaration of secrecy on bank business.
Bank statement
A document, issued by a bank to its customers, listing details of debit and credit transactions over a given period with a resultant balance of the account.
Bank trust department
Bank department that deals with estates, administers trusts, and provides services such as estate planning advice to its clients.
Bank wire
A computer message system linking major banks. It is used not for effecting payments, but as a mechanism to advise the receiving bank of some action that has occurred.
Bank-based corporate governance system
Organization of a supervisory board so that it is dominated by bankers and corporate insiders.
Banka Amerikane e Shqiperise
Banka Amerikane e Shqiperise is a major Albanian bank.
Banka Nderkombetare Tregtare
Banka Nderkombetare Tregtare is a major Albanian bank.
Bankal Inversiones 98, SICAV, S.A.
Bankal Inversiones 98, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.
BankAtlantic
A United States bank with head office in Fort Lauderdale, Florida.
BANKCOMM
BANKCOMM is a securities company with code 03328 at Hong Kong stock. Board lot: 1,000.
Banker
Banker is a Bulgarian newspaper.
Banker's acceptance
A short-term credit investment created by a nonfinancial firm and guaranteed by a bank as to payment. Acceptances are traded at discounts to face value in the secondary market.
Bankers Trust Company, National Association
A United States bank with head office in Des Moines, IA.|IA|||
BankFinancial, FSB
A United States bank with head office in Olympia Fields, IL.
Bankgesellschaft Berlin
Bankgesellschaft Berlin is a top German corporation in the field of banking, and its estimated market value is 3,130 million US dollars.
Banking delay
Time required for processing and clearing a check through the banking system.
Banking passaport
A banking passport is simply that create a "new person" with another nationality and a full set of ID, separate "legal entity" through a second passport (or third) in a name of choice.
Bankinter
Bankinter is a top Spanish corporation in the field of banking, and its estimated market value is 4,090 million US dollars.
Bankinter, S.A.
Bankinter, S.A. is a Spanish company listed at Madrid Stock Exchange's Continuous Market. Its business activity is banking.
Bankmail
An agreement between a company engaged in a takeover bid and a bank that the bank will not finance the bid of another acquirer.
Bankruptcy
The state of a person or firm unable to repay debts.
Bankruptcy cost view
The argument that expected indirect and direct bankruptcy costs offset the other benefits from leverage so that the optimal amount of leverage is less than 100% debt financing.
Bankruptcy financing
Financing arranged by a company while under the chapter 11 bankruptcy process. Such financing is extremely high risk and is done at a relatively high interest rate.
Bankruptcy risk
The risk that a firm will be unable to meet its debt obligations. Also referred to as default or insolvency risk.
Bankruptcy view
The argument that expected bankruptcy costs preclude firms from financing entirely with debt.
Banksys
Banksys is a major Belgian company.
BankUnited
A United States bank with head office in Coral Gables, Florida.
PREVIOUS AND NEXT TERMS--------------------------------------
Bank guarantee
A guarantee from a lending institution ensuring that the liabilities of a debtor will be met.
Bank holding company
A company that owns or has controlling interest in two or more banks and/or other bank holding companies.
Bank insurance
A guarantee on a specified amount of deposits in a bank.
Bank Insurance Fund (BIF)
A unit of the Federal Deposit Insurance Corporation (FDIC) that provides deposit insurance for banks excluding thrifts.
Bank investment contract (BIC)
Interest guaranteed by the bank in a portfolio over a specific time frame with a specific yield.
Bank Letter of Credit Policy
Bank line
Line of credit that a bank grants to a customer.
Bank note
A term used synonymously with paper money or currency issued by a bank. Notes are, in effect, a promise to pay the bearer on demand the amount stated on the face of the note.
Bank of Canada (BOC)
The central bank of Canada, that came into existence after the passing of the Bank of Canada Act in 1935, influences the country's economy and money supply.
Bank of England (BoE)
The central bank of the United Kingdom, similar to the Federal reserve in the United States and the Bundesbank in Germany.
Bank of International Settlements (BIS)
Conduct that raises a strong presumption that it was undertaken with the intent to delay, hinder or defraud a creditor.
We thank you for using the Financial Dictionary to search for Bank Letter of Credit Policy. If you have a better definition for Bank Letter of Credit Policy than the one presented here, please let us know by making use of the suggest a term option. This definition of Bank Letter of Credit Policy may be disputed by other professionals. Our attempt is to provide easy definitions on Bank Letter of Credit Policy and any other medical topic for the public at large.
This dictionary contains 24549 terms.
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