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Maturity date invoice
Acceptance Draft - payable at a fixed or determinable future date, upon the face of which the drawee has acknowledged in writing his or her obligation to pay at maturity.
If you were to close the account on January 1, 2012, you would expect to get your 1,000.00 back and.00 of interest (5 of 1,000.00).
Confirmed: A letter of credit issued by one bank to which another bank added its irrevocable confirmation to pay, thereby obligating itself in the same manner as the opening bank.
Bank Draft - A check drawn by a bank on another bank payable to the seller at the request of the buyer.Occasionally, counter-parties will agree to same day settlement.Revocable Letter of Credit (L/C) - A letter of credit that can be modified or canceled by the issuing bank without turn down sex on first date the beneficiarys consent unless the negotiation of complying documents has already taken place.Thats the entire USD market in the month.Auction Date, this is the date of the actual auction of the securities.If you use the payment document your supplier sent you and do not create a payment document, enter Manual Future Dated in the Payment Method field.Payables will then automatically create the future dated payment.Cash in Advance (CIA) - A term of trade in which the exporter does not ship goods until payment is received; offers the least risk to sellers and the most risk to buyers.This all happens on the Trade Date.Expiry or Expiration Date - The date on which the draft and documents drawn under a letter of credit must be presented to the negotiating, accepting, paying, or issuing bank in order to effect payment.
Clean bill OF lading - One in which the goods are described as having been received by the carrier in apparent good order and condition and without qualification.
On August 2nd, the Trade Date if the Note was purchased that day, the"d price was 101-11.
Publication issued by the International Chamber of Commerce (2007 revision, ICC Publication.After 13 weeks have elapsed, the old 26-week T-Bill has 13 weeks left to mature.But this rarely happens in the.S.To record a future dated payment using a manual payment:.Usance Letter of Credit (L/C) - Letter of credit that calls for payment at a future date - generally within six months - and requires a draft drawn on the issuing/paying bank for the amount of the invoice.
See also letter of credit.
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