confirmed letter of credit

A letter of credit that directly obligates a financing agency (such as a bank) doing business in the seller’s financial market to a contract of sale. UCC § 2-325(3).

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词条贡献者

法律翻译Jane，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与私募及对冲基金设立有关的法律文件。