Letter of Guarantee4 k. w7 b- x' P. Q
A document issued by a bank, which acts as a guarantee of payment to a beneficiary for a specified period and up to a specified amount.* d- V9 B! S% T s/ j
Legal Entity" I( t. E5 t0 ]# F3 H8 @" n1 e+ k
A person or a company, which is legally allowed to enter into a contract and can be sued if the contractual obligations are not met.
. [( _$ i+ W9 |9 D Balance Sheet7 i' Z1 w( `! ?# Q: N- I* y
A summary of a company's financial condition at a given point in time. Contains information on assets, liabilities, net worth, etc.
6 _1 R0 Z# ?: b4 S4 ^: F Cash Flow Statement
8 f' e( A. ]* H6 c# V A detailed document showing all company income and expenses. Where income exceeds expenditure, the company has a positive cash flow.
3 i8 q' n2 T& O( r Credit Line( W3 i& I6 I* J6 O; I6 W
An arrangement in which a bank offers to provide a specified amount of credit to a borrower for a certain period of time. |
发表于 2012-8-16 08:44:06
