LOC has various meanings in the Aviation category. Discover the full forms, definitions, and usage contexts of LOC in Aviation.
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.
AviationA non-directional beacon used as an aid to final approach Terminal control areas require charts which show detail on a large scale – terminal VORs, locator beacons, ILS installations, holding patterns, arrival/departure and transit routes.
AviationIs a system of horizontal guidance in the instrument landing system, which is used to guide aircraft along the axis of the runway.
AviationA component of the Instrument Landing System (ILS) that provides horizontal course guidance to the runway.
AviationLock, South Australia,Australia
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