| 单词 | London acceptance credit |
| 释义 | London acceptance credit London acceptance credit A method of providing immediate cash for a UK exporter of goods. On shipment of the goods the exporter draws a bill of exchange on the foreign buyer. The accepted bill is then pledged to a merchant bank in London, which accepts an accommodation bill drawn by the exporter. The acceptance can be discounted on the bank’s reputation, to provide the exporter with immediate finance, whereas the foreign buyer’s acceptance would be difficult, or impossible, to discount in London. |
| 随便看 |
|
英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。