LOC
| Definition | : | Letter Of Credit |
| Category | : | Business » Finance |
| Country/Region | : | Worldwide  |
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Initialism
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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.
9 more results for LOC
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LOC | Library of Congress | |
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LOC | Lines Of Code | |
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LoC | Line of Control | |
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LOC | Line Of Credit | |
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LOC | Look-Out Circular | |
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LOC | Lab-on-a-Chip | |
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LOC | Liquid Organic Cleaner | |
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LOC | Locus of Control |
Frequently Asked Questions
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
Translate Letter Of Credit into other languages