Sight Letter of CreditA 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 - ILOCLetter of CreditTrade Finance
英汉经管词典收录了7848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。