ILC in Finance Meaning
The ILC meaning in Finance terms is "Irrevocable Letter of Credit". There are 1 related meanings of the ILC Finance abbreviation.
ILC on Finance Full Forms
- Irrevocable Letter of Credit A letter of credit in which the specified payment is guaranteed by the bank if all terms and conditions are met by the drawee and which cannot be revoked without joint agreement of both the buyer and the seller.
Frequently Asked Questions (FAQ)
What does ILC stand for Finance?
ILC stands for Irrevocable Letter of Credit in Finance terms.
What is the shortened form of Irrevocable Letter of Credit in Finance?
The short form of "Irrevocable Letter of Credit" is ILC for Finance.
Citation
ILC in Finance. Acronym24.com. (2021, December 15). Retrieved May 21, 2024 from https://acronym24.com/ilc-meaning-in-finance/
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