Usance Letter of Credit A letter of credit payable at a determined future date after presentation of conforming documents. Unseasoned issue Issue of a security for which there is no existing market. See: Seasoned issue.
See: Usance Letter of Credit. Time to maturity The time remaining until a financial contract expires. Also called time until expiration. Time order ...
Time Letter of Credit See: Usance Letter of Credit. Time to maturity The time remaining until a financial contract expires. Also called time until expiration.
See also: Unsystematic risk, Trading desk, Unwind, Withholding, Bills
 
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