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LC in Accounting Meaning

The LC meaning in Accounting terms is "Line of Credit". There are 4 related meanings of the LC Accounting abbreviation.

LC on Accounting Full Forms

  1. Line of Credit Generally an informal understanding between the borrower and the bank as to the maximum amount of credit that the bank will provide the borrower at any one time.
  2. Legal Consolidstions
  3. Legal Consoridation
  4. Landed Cost The total cost of a good to a buyer, including the cost of transportation.

Frequently Asked Questions (FAQ)

  1. What does LC stand for Accounting?

    LC stands for Line of Credit in Accounting terms.

  2. What is the shortened form of Line of Credit in Accounting?

    The short form of "Line of Credit" is LC for Accounting.

Citation

LC in Accounting. Acronym24.com. (2022, March 26). Retrieved February 2, 2025 from https://acronym24.com/lc-meaning-in-accounting/

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