LOC

Definition : Letter Of Credit
Category : Business » Finance
Country/Region : Worldwide Worldwide
Popularity :
Type :
Initialism

What does LOC mean?

Letter Of Credit (LOC) is a financial instrument used in international trade to guarantee payment for goods or services.
LOC is issued by a bank or other financial institution on behalf of a buyer and is used to assure the seller that the buyer will pay for the goods or services as agreed upon in the contract.

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We have found 9 more results for LOC
Worldwide Loc Location
Academic & Science
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Language & Linguistics
United States LOC Library of Congress
Regional
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Buildings & Landmarks
Worldwide LOC Lines Of Code
Computing
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Programming & Development
India LoC Line of Control
Governmental
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Military
Worldwide LOC Line Of Credit
Business
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Banking
India LOC Look-Out Circular
Governmental
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Law & Legal
Worldwide LOC Lab-on-a-Chip
Technology
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Instruments & Devices
Worldwide LOC Liquid Organic Cleaner
Business
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Products
Worldwide LOC Locus of Control
Medical
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Psychiatry & Mental Health

Frequently Asked Questions (FAQ)

What is the full form of LOC in Finance ?

The full form of LOC is Letter Of Credit

What are the full forms of LOC in Business?

Line Of Credit | Letter Of Credit | Liquid Organic Cleaner

What are the full forms of LOC in Worldwide?

Location | Lines Of Code | Line Of Credit | Letter Of Credit | Lab-on-a-Chip | Liquid Organic Cleaner | Locus of Control

Translation

Find translations of Letter Of Credit