Read 16 times.
Liked by 1 person.


Related Finance Topics:


Standby Letter of Credit (SLC)

Back to Finance Glossary | Previous Page

A standby letter of credit is a common type of financial guarantee in which the letter issuer guarantees the beneficiary of the letter that a loan he or she has made will be repaid.

Take a Quiz! FDIC Failed Bank List
Legal Accounting Authority
Not Down with the Dow
Who Needs a Law Degree?
A Decade of Dow

More Quizzes

Latest Articles Related to Standby Letter of Credit (SLC)

If you find this information useful, please help us by sharing it with others.


Back to Finance Glossary | Previous Page

This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.

Your Ad Here