Sight Letter of Credit
A letter of credit that is payable once it is presented along with the necessary documents.

Investopedia Says:
These letter of credits require a more stringent process of verification.

Related Terms:
Irrevocable Letter of Credit - ILOC
Letter of Credit
Trade Finance

• Authority Bond
• Authorized Forex Dealer
• Authorized Participant
• Authorized Stock
• Autocorrelation
• Automated Bond System (ABS)
• Automated Bond System (ABS)
• Automated Clearing House (ACH)
• Automated Clearing House (ACH)
• Automated Confirmation Transaction Service (ACT)
• Automated Confirmation Transaction Service (ACT)
• Automated Customer Account Transfer Service (ACATS)
• Automated Customer Account Transfer Service (ACATS)
• Automated Teller Machine (ATM)
• Automated Underwriting
• Automatic Exercise
• Automatic Investment Plan (AIP)
• Automatic Investment Plan (AIP)
• Automatic Reinvestment Plan
• Automatic Rollover
• Automatic Stabilizer
• Automatic Stay
• Autonomous Consumption
• Autonomous Expenditure
• Autoregressive