Data from the SPBS, DMDC, and SIDPERS can be fed into any number of systems, such as the GSORTS, JOPES, TC-AIMS II, or the Combined Forces Data Base, for use in deployment planning.
A revolving Letter of Credit can. revolve in relation to time or value .If it revolves by time, a Letter of. Credit may be available for an agreed value against a predefined number. of times - for example, USD100,000 every month for 12 months.
Definition: A letter of credit is a financing agreement most commonly used for trade arrangements where goods are crossing international borders. The letter is intended to facilitate the transfer of funds between the buyer and the seller. Under this agreement, the bank of the importer (the issuing bank) authorizes a letter of credit document under which the bank of the exporter will be paid a certain amount if specific conditions are met.