L/C in Governmental & Military Meaning
The L/C meaning in Governmental & Military terms is "Letter of Credit". There are 3 related meanings of the L/C Governmental & Military abbreviation.
L/C on Governmental & Military Full Forms
- Letter of Credit A financial document issued by a bank at the request of the consignee guaranteeing payment to the shipper for cargo, if certain terms and conditions are fulfilled, usually the receipt by the bank of certain documents within a given time. Normally it contains a brief description of the goods, documents required, a shipping date, and an expiration date after which payment will no longer be made. An Irrevocable Letter of Credit is one which obligates the issuing bank to pay the exporter when all terms and conditions of the letter of credit have been met. None of the terms and conditions may be changed without the consent of all parties to the letter of credit.
- land cover
- Laboratory and Checkout
Frequently Asked Questions (FAQ)
What does L/C stand for Governmental & Military?
L/C stands for Laboratory and Checkout in Governmental & Military terms.
What is the shortened form of Laboratory and Checkout in Governmental & Military?
The short form of "Laboratory and Checkout" is L/C for Governmental & Military.
Citation
L/C in Governmental & Military. Acronym24.com. (2020, May 24). Retrieved February 24, 2025 from https://acronym24.com/l-c-meaning-in-governmental-military/
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