Letter of Guarantee
8 p- E `! F, L- l0 q0 b 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.
; g7 ?/ }9 A' ~# v0 d$ z4 j2 v& c, E Legal Entity7 V) P: {) l/ [' C
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.; `6 |" z5 o* }
Balance Sheet
1 a3 B. i& I4 F1 P9 h5 Y A summary of a company's financial condition at a given point in time. Contains information on assets, liabilities, net worth, etc.* r3 B. Z2 b6 b1 C3 H8 {
Cash Flow Statement) }: ~% l7 Q& s$ I" u
A detailed document showing all company income and expenses. Where income exceeds expenditure, the company has a positive cash flow.$ c4 w8 g$ u# m0 |' ]; D
Credit Line
* T8 K) ~& K+ q1 u, j 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
