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  2. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    That is to say, a letter of credit is a payment method used to discharge the legal obligations for payment from the buyer to the seller, by having a bank pay the seller directly. Thus, the seller relies on the credit risk of the bank, rather than the buyer, to receive payment.

  3. Indulgence - Wikipedia

    en.wikipedia.org/wiki/Indulgence

    Indulgence. In the teaching of the Catholic Church, an indulgence ( Latin: indulgentia, from indulgeo, 'permit') is "a way to reduce the amount of punishment one has to undergo for (forgiven) sins". [1] The Catechism of the Catholic Church describes an indulgence as "a remission before God of the temporal punishment due to sins whose guilt has ...

  4. Purchase order - Wikipedia

    en.wikipedia.org/wiki/Purchase_order

    Purchase order request. A purchase order request or purchase requisition is a request sent internally within a company to obtain purchased goods and services, including stock. The request is a document which tells the purchasing department or manager exactly what items and services are requested, the quantity, source and associated costs.

  5. Estoppel certificate - Wikipedia

    en.wikipedia.org/wiki/Estoppel_certificate

    Estoppel certificate. An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [1] It is used in a variety of countries for commercial and ...

  6. Letter of intent - Wikipedia

    en.wikipedia.org/wiki/Letter_of_intent

    A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .

  7. Alphabetical order - Wikipedia

    en.wikipedia.org/wiki/Alphabetical_order

    Alphabetical order is a system whereby character strings are placed in order based on the position of the characters in the conventional ordering of an alphabet.It is one of the methods of collation.

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