Financial Glossary  
           
 Glossary Tutorials Articles About Advertise Contact
Browse the largest investing glossary online.   Search
A
1|2|3		 B
1|2		 C
1|2|3		 D
1|2|3		 E
1|2|3		 F
1|2|3		 G
1|2|3		 H
1|2|3		 I
1|2|3		 J
1|2		 K
1|2|3		 L
1|2|3		 M
1|2|3		  
N
1|2|3		 O
1|2|3		 P
1|2|3		 Q
1|2		 R
1|2|3		 S
1|2|3		 T
1|2|3		 U
1|2|3		 V
1|2|3		 W
1|2		 X
1|2		 Y
1|2|3		 Z
1|2		 #
1|2
 		 Include Definitions
(more results)
Browse by Category
 
Investing / Investments
Real estate investing
Stock investing
Investment management
Retirement investing
Bonds / bond funds
Mutual Funds
 
Personal Finance
Business and finance
Household finance
Mortgage
Finance dictionary
Corporate finance
Financial service
Money management
Estate planning
Loans
 
Stock Market Investing
Stock research
Stock trading
Stock options
Stock trading
Stock exchanges
 
 
InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Letter of credit (LOC)  

Definition 1.

A form of guarantee of payment issued by a bank on behalf of a borrower that assures the payment of interest and repayment of principal on bond issues.
 
  Home | Glossary | Tutorials | Articles | About
Webmasters |Advertise | Contact | Privacy

All material © Copyright InvestHub.com and IAT, Inc., 2003-2025