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progressive letter of credit

German translation: progressives Akkreditiv


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:progressive letter of credit
German translation:progressives Akkreditiv
Entered by: Bettina Rittsteuer
Options:
- Contribute to this entry
- Include in personal glossary

09:08 Nov 2, 2009
English to German translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: progressive letter of credit
Der Satz lautet:
"The Purchaser shall open a ***progressive***, irrevocable, workable sight letter of credit for balance 90% [sic] of the Price as per the term sheet to be mutually agreed".
Bettina Rittsteuer
Local time: 02:53
progressives Akkreditiv
Explanation:
Akkreditiv das laufend dem Stand des Leistungs- bzw. Lieferumfangs angepasst wird.

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Note added at 7 days (2009-11-10 08:47:38 GMT) Post-grading
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Danke, Bettina
Selected response from:

Goldcoaster
Switzerland
Local time: 02:53
Grading comment
Das leuchtet ein. Danke!
4 KudoZ points were awarded for this answer



Summary of answers provided
3progressives Akkreditiv
Goldcoaster
3dem Fortschritt angepasstes Akkreditiv
Daniel Gebauer


  

Answers


44 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
dem Fortschritt angepasstes Akkreditiv


Explanation:
ein Akkreditiv, das der Entwicklung der fälligen Beträge angepasst ist. Stufenakkreditiv oder Fortschrittakkreditiv habe ich allerdings bei Google nicht gefunden.

Daniel Gebauer
Spain
Local time: 02:53
Specializes in field
Native speaker of: Native in SpanishSpanish, Native in GermanGerman
PRO pts in category: 73
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2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
progressives Akkreditiv


Explanation:
Akkreditiv das laufend dem Stand des Leistungs- bzw. Lieferumfangs angepasst wird.

--------------------------------------------------
Note added at 7 days (2009-11-10 08:47:38 GMT) Post-grading
--------------------------------------------------

Danke, Bettina

Goldcoaster
Switzerland
Local time: 02:53
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 77
Grading comment
Das leuchtet ein. Danke!
Login to enter a peer comment (or grade)




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