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