Transferable Letter of Credit. This type of credit allows the seller to transfer all or part of the proceeds of the original letter of credit to a second beneficiary, usually the ultimate supplier of the goods. The letter of credit must clearly state that it is transferable for its to be considered as such.
Definition of:magnetic tape. A sequential storage medium used for data collection, backup and archiving. Like videotape, computer tape is made of flexible plastic with one side coated with a ferromagnetic material. Tapes were originally open reels, but were superseded by cartridges and cassettes of many sizes and shapes.
KT TAPE is an abbreviation for Kinesiology Therapeutic Tape. It is a strong, elastic athletic tape that reduces muscle pain, increases mobility, and enhances athletic performance. KT TAPE is pre-cut so that it is fast and easy to apply. Just tear off a strip and apply it to the injured area. KT TAPE provides relief and support for muscles and joints and can be used to prevent or treat hundreds of sports injuries.