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.
In American the meaning of the name Alice is: noble. English Meaning: The name Alice is an English baby name. In English the meaning of the name Alice is: Of the nobility. From the German Adalheidis meaning nobility, and the French Adeliz which is a form of Adelaide. Used in Britian since the 12th century; Alice became very popular in 1865 when Lewis Carrol's Alice in Wonderland was published.