The terms of the letter of credit may also state that other conditions be met, such as the delivery of a quality certificate and/or a certificate of insurance. The party that controls the terms of the letter of credit is the issuing bank, which normally uses a standard form for this purpose. When the requirements of the letter of credit have been met, the bank of the exporter pays the amount stated in the agreement.
What does Elizabeth mean? Elizabeth [eliz-a-beth] as a girls' name is pronounced ee-LIZ-a-beth. It is of Hebrew origin, and the meaning of Elizabeth is God is my oath. Can also mean God's promise, God's satisfaction or God's perfection.
Latin Meaning: The name Veronica is a Latin baby name. In Latin the meaning of the name Veronica is: True image; honest image. Biblical-from the maiden who handed Christ her handkerchief on the way to Calvary. His likeness miraculously appeared on the handkerchief, thus she received her name.