irrevocable letter of

简明释义

credit 不可撤销信用证

英英释义

An irrevocable letter of credit is a financial document issued by a bank guaranteeing that a seller will receive payment as long as the delivery conditions are met, and it cannot be canceled or altered without the consent of all parties involved.

不可撤销信用证是由银行出具的金融文件,保证卖方在满足交货条件的情况下将收到付款,并且在没有所有相关方同意的情况下无法取消或更改。

例句

1.An irrevocable letter of appointment was sent to confirm her position on the board.

一封不可撤销的任命信被发送以确认她在董事会的职位。

2.The investor provided an irrevocable letter of commitment to fund the project.

投资者提供了一份不可撤销的承诺函来资助该项目。

3.The seller demanded an irrevocable letter of intent to proceed with the negotiations.

卖方要求提供一个不可撤销的意向书以继续谈判。

4.Before signing the contract, she requested an irrevocable letter of guarantee from the contractor.

在签署合同之前,她要求承包商提供一个不可撤销的担保函

5.The bank issued an irrevocable letter of credit to ensure payment for the shipment.

银行发出了一个不可撤销的信用证以确保货物的付款。

作文

In the world of finance and business, certain documents hold significant weight and implications. One such document is the irrevocable letter of credit. This financial instrument serves as a guarantee from a bank to a seller that payment will be made for goods or services provided, ensuring that the seller is protected against the risk of non-payment. The term 'irrevocable' indicates that once this letter is issued, it cannot be altered or canceled without the agreement of all parties involved. This characteristic makes it a reliable tool in international trade, where trust between buyers and sellers may not always be strong due to geographical distances and differing legal systems.The importance of an irrevocable letter of credit lies in its ability to facilitate transactions. For instance, when a buyer in one country wishes to purchase products from a seller in another country, the buyer's bank can issue this letter to assure the seller that they will receive payment as long as they fulfill the terms outlined in the letter. This arrangement not only protects the seller but also encourages them to engage in trade with foreign buyers, knowing that their financial interests are safeguarded.Moreover, the irrevocable letter of credit is often used in various industries, including manufacturing, construction, and even service sectors. It provides a level of security that is particularly important in large transactions where the stakes are high. For example, a construction company might require an irrevocable letter of credit from a client before starting a significant project to ensure that they will be compensated for their work.However, it is essential to understand that while an irrevocable letter of credit offers protection, it also comes with responsibilities. The parties involved must adhere strictly to the terms set forth in the letter. Any discrepancies in documentation or failure to meet the stipulated conditions can lead to complications and potential financial losses. Therefore, both buyers and sellers must communicate effectively and ensure that all requirements are met to avoid issues.In conclusion, the irrevocable letter of credit is a vital instrument in the realm of international trade and finance. It provides a safeguard for sellers while promoting global commerce by building trust between parties who may not know each other personally. Understanding how to utilize this financial tool can significantly impact a business's success in navigating the complexities of international transactions. As businesses continue to expand their reach across borders, the role of the irrevocable letter of credit will undoubtedly remain crucial in facilitating secure and efficient trade.

在金融和商业的世界中,某些文件具有重要的分量和影响力。其中一个文件是不可撤销信用证。这种金融工具作为银行对卖方的保证,确保卖方提供的商品或服务将获得支付,从而保护卖方免受未付款风险。'不可撤销'一词表示,一旦发出此信件,就不能在各方同意的情况下进行更改或取消。这一特性使其成为国际贸易中的可靠工具,因为买卖双方之间由于地理距离和法律体系的不同,信任可能并不总是强烈。不可撤销信用证的重要性在于它能够促进交易。例如,当一个国家的买方希望从另一个国家的卖方购买产品时,买方的银行可以向卖方发出这封信,以确保卖方只要履行信中规定的条款,就会收到付款。这种安排不仅保护了卖方,还鼓励他们与外国买方进行交易,因为他们知道自己的财务利益得到了保障。此外,不可撤销信用证通常用于制造业、建筑业甚至服务行业。它提供了一种安全感,这在大宗交易中尤为重要,因为风险很高。例如,建筑公司可能会要求客户在开始一项重大项目之前提供不可撤销信用证,以确保他们将获得报酬。然而,必须理解的是,虽然不可撤销信用证提供了保护,但它也伴随着责任。参与方必须严格遵守信中规定的条款。任何文件上的差异或未能满足规定条件都可能导致复杂的问题和潜在的财务损失。因此,买卖双方必须有效沟通,确保满足所有要求,以避免问题的发生。总之,不可撤销信用证是国际贸易和金融领域的重要工具。它为卖方提供了保障,同时通过建立不认识彼此的各方之间的信任来促进全球商业。了解如何利用这一金融工具可以显著影响企业在应对国际交易复杂性方面的成功。随着企业不断扩大跨国界的业务,不可撤销信用证的作用无疑将在促进安全高效的贸易中保持重要地位。

相关单词

irrevocable

irrevocable详解:怎么读、什么意思、用法