Switch to text-only version for screen readers & visually impaired
Wachovia logo: go to home page


CORPORATE AND INSTITUTIONAL GLOSSARY


Alphabetical Listing
Search  
K X Y Z #
L
Current TermLetter Of Credit, Transferable
Letter Of Credit, Transferable
An L/C that authorizes the beneficiary to transfer all or part of the L/C to another party thereby authorizing the other party to present documents for payment.