bill of exchange & letter of credit
Spanish translation: letra de cambio
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
|---|---|---|---|---|
|
| 13:30 Nov 15, 2000 |
| English to Spanish translations [PRO] Bus/Financial | |||||||
|---|---|---|---|---|---|---|---|
|
| ||||||
|  Selected response from: Blanca Amoroso Local time: 20:46 | ||||||
Grading comment
| |||||||
| Summary of answers provided | ||||
|---|---|---|---|---|
| na | letra de cambio and carta de crédito |
| ||
| na | letra de cambio y carta fianza |
| ||
| na | LETRA DE CAMBIO Y CARTA DE CRÉDITO |
|
Answers
8 mins
letra de cambio and carta de crédito Explanation: Carta de crédito is a document opened by the purchaser in a local bank, which is transferred to a bank in the country of the exporter. It's the bank that pays the vendor. I don't know exactly how a letra de cambio works, but it is not a credit. Hope this helps! :) |
| |
| Login to enter a peer comment (or grade) | ||
13 mins
letra de cambio y carta fianza Explanation: That's how we use it here, in Perú. |
| |
| Login to enter a peer comment (or grade) | ||
18 mins
LETRA DE CAMBIO Y CARTA DE CRÉDITO Explanation: Bill of exchange: letra de cambio. An unconditional order in writing, addressed by one person to another and signed by the person giving it, requring the drawee to pay on demand or at a fixed future time a specified sum of money to or to the order of a specified person or to the bearer. The use of bills of exchange enables one person to transfer to another an enforceable right to a sum of money. Letter of credit: carta de crédito. A document whereby a bank, at the request of a customer, undertakes to pay money to a third party on presentation of documents specified in the letter (eg. Bills of lading and policies of insurance). Hope it helps! A concise dictionary of LAW. Oxford. Dic. de econom�a y empresa. Lozano Irueste. |
| |
Grading comment
| ||
| Login to enter a peer comment (or grade) | ||
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.
See also:
Search millions of term translations