It means 'Letter of credit'. A form of guarantee of payment issued by a bank on behalf of the borrower, which ensures the payment of interest and repayment of principle on bond issues.
09:43, 15 November 2013
Arbitrage is the exploitation or differing prices for the ...
In a place where several existing currencies have been ...
A financial term used in the derivatives market. An ...
Kleiner Perkins Caufield & Byers (KPCB) is a venture ...
A model that describes the relationship between risk and ...
Andreessen Horowitz is a $4 billion venture capital firm, ...
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