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 RittsteuerKudoZ activityQuestions: 96 ( 1 open) ( 5 without valid answers) ( 8 closed without grading) Answers: 62
Austria
| | Local time: 16:47
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| | 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: 16:47
| Grading comment Das leuchtet ein. Danke!
4 KudoZ points were awarded for this answer |
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