Letter of Guarantee
0 z- l( s8 |; l* N, F3 O2 y 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.
% p2 M; E. L0 ?& l8 m Legal Entity
' o2 k# @4 [: J 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.% @; X* e. c8 K- m) V% X. Y/ F4 M
Balance Sheet
* k, v7 f1 ~. } A summary of a company's financial condition at a given point in time. Contains information on assets, liabilities, net worth, etc.
" X9 L- F( \# f. O4 x; E Cash Flow Statement
, a$ N& m" O1 V/ M- C, r! l A detailed document showing all company income and expenses. Where income exceeds expenditure, the company has a positive cash flow.& d0 k/ T9 a4 I2 W$ J7 P- }3 m
Credit Line5 _$ y/ [! q; [6 e" L' V
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
