Letter of Credit. A standby document issued by the Bank on behalf of a member as a guarantee against which funds can be drawn, that is used to facilitate various types of business transactions the member may have with third parties. “Standby” is defined as: The Bank standing by to make good on the obligation made by the obligor to the beneficiary.

Letter of Credit. A document issued by a bank at the request of the buyer of goods. The LOC guarantees payment to the seller as long as the seller meets the conditions set out in the document.

short for Letter of Comment: constructive criticism on a zine or story sent to the writer or editor. Considered a courtesy in fanfic

Letter of Comment - same as feedback

Letters Of Credit

(or an eloc): Letter Of Comment or an emailed Letter of Comment. Writers and publishers love feedback.

Letter of credit. A form of guarantee of payment issued by a bank on behalf of a borrower that assures the payment of interest and repayment of principal on bond issues.

Line of credit. An agreement between a bank and a business or individual specifying the maximum amount of unsecured credit the bank will make available to that customer over a given period of time.

Letter of credit. Letter of Guarantee Letter of intent

"Letter of Comment." Also known as "feedback." Supremely important to fanfic authors, yet often neglected by readers, an LoC can be as simple as "Loved it. More, please?" or as detailed as pages of critique. Praise can be offered without invitation; criticism should be delicately handled, perhaps not even offered unless the author specifically requests it somewhere in the header/disclaimer, lest the author mistake it for FLAMING. Ms. Nitpicker herself very much appreciates feedback and has gratefully corrected mistakes caught by observant readers. LOC is sometimes used as a verb, as in, "I feel guilty that I don't LoC more often."

Letter of Credit. Form of financial security provided to the insurer by an approved bank in behalf of the insured.

Line of Credit. Quantity of credit granted to a member on an open-end signature loan. The credit union makes a certain amount available to the customer and he/she may draw funds up to that amount as deemed necessary.

letter of credit. Designates a contractual commitment given by a bank for the account of, on behalf of and on instructions from a client to render a specific financial performance (e.g. monetary payment)

Letter of Credit. 1) Bank guarantee of payment for goods not yet received. Often used in international trade; 2) Bank guarantee of a bond issued in the capital markets.

See LETTER OF CREDIT

Letter of Credit. Within the context of reinsurance, a banking instrument established on a 'standby' basis to secure recoverables from non-admitted reinsurers to enable the ceding company to reduce the provision for unauthorized reinsurance in its statutory statement

Letter of credit. A form of guarantee of payment issued by a bank used to guarantee the payment of interest and repayment of principal on bond issues.

Line of Credit. A maximum amount of credit allowed by a bank for a customer. The customer may draw money at any time up to a pre-determined limit set by your bank for revolving or non-revolving line of credit.

localiser. The azimuth guidance portion of an instrument landing system.

Level of Consciousness, used to determine status of patient

Abbreviation for limit of convection.

Line Of Control

Lines of Code

line of communication of the battlefield

See Line Of Credit.

lines of communications

An acronym for ines ode.