Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Trading Terms

Special documentary credit liability (SPECIAL DOC L/C)

As we delve into the world of finance, it's important to understand the concept of documentary credits. These credits may offer the option for a negotiable set of documents to be sent directly to the customer and the bank or branch involved. This means that the customer could gain possession of the goods before making payment. However, this also means that the customer is directly liable for the goods from the moment the credit is established. It's crucial to be aware of this potential responsibility when dealing with documentary credits.

Explore other categories
All terms and concepts related to the process of saving and investing to ensure financial security a
Learn More
All terms & concepts related to financial contracts whose value is based on an underlying asset,
Learn More
All terminologies and concepts related to financial derivatives, including options and futures contr
Learn More
All terms and concepts related to borrowing money, including different types of loans, interest rate
Learn More
Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various
Learn More
All terms and concepts related to the placement of money in a bank account, including savings accoun
Learn More
All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o
Learn More
All terminology and concepts related to various tax types, tax laws, and taxation principles.
Learn More
All terms related to the basic goods used in commerce that are interchangeable with other goods of t
Learn More
All terms and concepts related to stocks, also known as equities, which represent ownership shares i
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link