|
 |
||
 |
| This dictionary contains: 24549 financial terms |
 |
Unconfirmed Letter of Credit
|
|
Unconfirmed Letter of CreditA letter of credit which has not been guaranteed or confirmed by any bank other than the bank that opened it.
RELATED TERMS--------------------------------------
Credit
Money loaned.
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.
SIMILAR TERMS--------------------------------------
Uncollected funds
The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn.
Uncollectible account
An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay.
Uncommitted facility
A credit facility with no restrictions placed upon the lending institution regarding the amount of funds to be lent.
Uncovered call
A short call option position in which the writer does not own shares of underlying stock represented by the option contracts.
Uncovered put
A short put option position in which the writer does not have a corresponding short stock position or has not deposited, in a cash account, cash or cash equivalents equal to the exercise value of the put.
PREVIOUS AND NEXT TERMS--------------------------------------
Unbundling
The process of taking over a large company with several different lines of business, and then, while retaining the core business, selling off the subsidiaries to help fund the takeover.
Uncalled capital
That part of a company's issued capital that has not yet been paid for by shareholders.
Uncollected funds
The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn.
Uncollectible account
An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay.
Uncommitted facility
A credit facility with no restrictions placed upon the lending institution regarding the amount of funds to be lent.
Unconfirmed Letter of Credit
Uncovered call
A short call option position in which the writer does not own shares of underlying stock represented by the option contracts.
Uncovered put
A short put option position in which the writer does not have a corresponding short stock position or has not deposited, in a cash account, cash or cash equivalents equal to the exercise value of the put.
Undated stocks
Fixed interest stocks which have no redemption date.
Under the belt
Long position in a stock.
Underbanked
When an originating investment banker cannot find enough firms to underwrite a new issue.
RELATED TERMS--------------------------------------
Credit
Money loaned.
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.
SIMILAR TERMS--------------------------------------
Uncollected funds
The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn.
Uncollectible account
An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay.
Uncommitted facility
A credit facility with no restrictions placed upon the lending institution regarding the amount of funds to be lent.
Uncovered call
A short call option position in which the writer does not own shares of underlying stock represented by the option contracts.
Uncovered put
A short put option position in which the writer does not have a corresponding short stock position or has not deposited, in a cash account, cash or cash equivalents equal to the exercise value of the put.
PREVIOUS AND NEXT TERMS--------------------------------------
Unbundling
The process of taking over a large company with several different lines of business, and then, while retaining the core business, selling off the subsidiaries to help fund the takeover.
Uncalled capital
That part of a company's issued capital that has not yet been paid for by shareholders.
Uncollected funds
The amount of bank deposits in the form of checks that have not yet been paid by the banks on which the checks are drawn.
Uncollectible account
An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay.
Uncommitted facility
A credit facility with no restrictions placed upon the lending institution regarding the amount of funds to be lent.
Unconfirmed Letter of Credit
Uncovered call
A short call option position in which the writer does not own shares of underlying stock represented by the option contracts.
Uncovered put
A short put option position in which the writer does not have a corresponding short stock position or has not deposited, in a cash account, cash or cash equivalents equal to the exercise value of the put.
Undated stocks
Fixed interest stocks which have no redemption date.
Under the belt
Long position in a stock.
Underbanked
When an originating investment banker cannot find enough firms to underwrite a new issue.
We thank you for using the Financial Dictionary to search for Unconfirmed Letter of Credit. If you have a better definition for Unconfirmed Letter of Credit than the one presented here, please let us know by making use of the suggest a term option. This definition of Unconfirmed Letter of Credit may be disputed by other professionals. Our attempt is to provide easy definitions on Unconfirmed Letter of Credit and any other medical topic for the public at large.
This dictionary contains 24549 terms.
|
|