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.
Lilly Name Meaning. from a pet form of the female personal name Elizabeth. Compare Hibbs 2.nickname for someone with very fair hair or skin, from Middle English, Old English lilie âlilyâ (Latin lilium). The Italian equivalent Giglio was used as a personal name in the Middle Ages.rom a pet form of the female personal name Elizabeth. Compare Hibbs 2.nickname for someone with very fair hair or skin, from Middle English, Old English lilie âlilyâ (Latin lilium). The Italian equivalent Giglio was used as a personal name in the Middle Ages.