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.
Teutonic Meaning: The name Alicia is a Teutonic baby name. In Teutonic the meaning of the name Alicia is: Noble humor. The name Alicia is a Latin baby name. In Latin the meaning of the name Alicia is: A Latinized form of the German Alice, from Adalheidis meaning nobility. The name Alicia is a Swedish baby name. In Swedish the meaning of the name Alicia is: Truth.