Letter of Guarantee- A3 E- t' ^6 ^$ R' m
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.3 n! I- G: @* ?+ t7 q
Legal Entity
: r6 P8 h1 P. H2 t 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.
8 Z6 Q( i8 M2 v" D8 {2 A$ K Balance Sheet% t# u% k. w3 ?1 w
A summary of a company's financial condition at a given point in time. Contains information on assets, liabilities, net worth, etc.
# F4 j" ]& D' ?7 N# `$ r Cash Flow Statement
5 h1 m: V) \6 `) J A detailed document showing all company income and expenses. Where income exceeds expenditure, the company has a positive cash flow.
# ?2 }5 @! T( W+ a Credit Line- p, F1 N1 o4 a7 a# ?7 g1 u9 A5 \
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
