Letter of Guarantee
* }3 g0 k/ C- _$ `6 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.
0 c' V* x' M9 _1 A( c& K+ j2 ^9 N Legal Entity; o- Q, F) j5 \3 u0 n
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.
; n' Y3 Y+ M8 C Balance Sheet9 I. d3 D. A& v$ \9 {' l" s) ~' Q( C
A summary of a company's financial condition at a given point in time. Contains information on assets, liabilities, net worth, etc.
2 k! g% ^& H! L8 w Cash Flow Statement8 E1 A9 A7 c/ M5 @+ r5 ~" j3 w
A detailed document showing all company income and expenses. Where income exceeds expenditure, the company has a positive cash flow.
3 A8 c, t; l& y* t$ c Credit Line3 S. Y' n& ^ _2 S& d
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
