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Term of the Day
verification
due diligence
confirmed letter of credit (L/C)
Definition
Sworn
statements
before a
qualified
officer
that the
contents
of an
instrument
are correct.
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Popular 'Lending & Credit' Terms
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Related Terms
clearing
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confirmed letter of credit (L/C)
Mentioned in these terms
physical verification
Verification of Employment (VOE)
negative verification
Verification of Deposit (VOD)
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