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Negotiable
Negotiation Credit
Net Lease
Net Weight
Non-Deliverable Forwards
Non-Vessel Operating Common Carrier (NVOCC)
Nonrecourse Loan
Negotiation Credit
An L/C that allows a bank (or banks) other than the issuing bank to examine documents and determine if the credit terms have been met.
See related terms:
Letter Of Credit, Negotiable
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Negotiation Credit