irrevocable letter of guarantee

简明释义

不可撤销的保证书

英英释义

An irrevocable letter of guarantee is a financial document issued by a bank or financial institution that guarantees payment or performance on behalf of a client, which cannot be canceled or withdrawn without the consent of all parties involved.

不可撤销的担保函是由银行或金融机构出具的财务文件,保证为客户支付或履行义务,未经所有相关方的同意,不能取消或撤回。

例句

1.The seller required an irrevocable letter of guarantee before shipping the goods internationally.

卖方在国际运输货物之前要求提供一份不可撤销的担保函

2.The bank issued an irrevocable letter of guarantee to ensure the contractor would be paid upon completion of the project.

银行发出了不可撤销的担保函,以确保承包商在项目完成后能获得付款。

3.The irrevocable letter of guarantee was crucial in securing the deal with the overseas supplier.

这份不可撤销的担保函在与海外供应商达成交易中至关重要。

4.To secure the loan, the company provided an irrevocable letter of guarantee from a reputable financial institution.

为了确保贷款,公司提供了一份来自知名金融机构的不可撤销的担保函

5.An irrevocable letter of guarantee can provide peace of mind for both parties in a business transaction.

在商业交易中,不可撤销的担保函可以为双方提供安心。

作文

In the world of finance and business, various documents serve as assurances and guarantees to facilitate transactions and build trust among parties. One such document is the irrevocable letter of guarantee, which plays a crucial role in international trade and contractual agreements. Understanding this term is essential for anyone involved in business dealings, as it provides a safety net for both buyers and sellers.An irrevocable letter of guarantee is a written commitment issued by a bank or financial institution that assures payment to a beneficiary in case the principal defaults on their obligations. This type of guarantee cannot be revoked or altered without the consent of all parties involved, which adds a layer of security for the beneficiary. For instance, if a company enters into a contract to deliver goods but fails to do so, the beneficiary can claim payment from the bank based on the irrevocable letter of guarantee.The irrevocability of this letter means that once it has been issued, the issuer cannot change the terms or cancel it unilaterally. This characteristic is particularly important in international trade, where trust and reliability are paramount. Businesses often engage in transactions across borders, and having an irrevocable letter of guarantee can significantly reduce the risks associated with such dealings. It assures the seller that they will receive payment, even if the buyer encounters financial difficulties.Moreover, the irrevocable letter of guarantee serves as a tool for enhancing creditworthiness. Companies that may not have sufficient credit history or collateral can leverage this document to secure better terms from suppliers or lenders. By providing an irrevocable letter of guarantee, a company can demonstrate its commitment to fulfilling its obligations, thereby increasing its credibility in the eyes of potential partners.However, it is important to note that obtaining an irrevocable letter of guarantee usually involves costs and fees, which can vary depending on the issuing bank and the amount guaranteed. Businesses must weigh these costs against the benefits of having such a guarantee. Additionally, companies should ensure that they fully understand the terms and conditions associated with the irrevocable letter of guarantee to avoid any potential disputes in the future.In conclusion, the irrevocable letter of guarantee is a vital financial instrument that provides assurance and security in business transactions. Its irrevocable nature protects the interests of the beneficiary and fosters trust between parties. As businesses navigate the complexities of trade and contracts, understanding and utilizing an irrevocable letter of guarantee can be a significant advantage, ultimately contributing to successful and secure business operations. Therefore, it is essential for professionals in the field to familiarize themselves with this concept and its implications in their respective industries.

在金融和商业领域,各种文件作为保证和担保,以促进交易并建立各方之间的信任。其中一种文件是不可撤销的担保函,它在国际贸易和合同协议中发挥着至关重要的作用。理解这个术语对任何参与商业交易的人来说都是必不可少的,因为它为买卖双方提供了安全保障。不可撤销的担保函是由银行或金融机构签发的书面承诺,确保在主债务人未履行其义务时向受益人支付款项。这种类型的担保在未经所有相关方同意的情况下,不能被撤销或更改,这为受益人增加了一层安全性。例如,如果一家公司签订合同交付货物但未能履行,受益人可以根据不可撤销的担保函向银行索赔。这种担保的不可撤销性意味着,一旦签发,发行人就无法单方面更改条款或取消它。这一特性在国际贸易中尤为重要,因为信任和可靠性至关重要。企业通常会进行跨境交易,而拥有不可撤销的担保函可以显著降低与此类交易相关的风险。它向卖方保证,即使买方遇到财务困难,他们也会收到付款。此外,不可撤销的担保函还作为增强信用worthiness的工具。那些可能没有足够信用历史或抵押品的公司可以利用该文件从供应商或贷方那里获得更好的条款。通过提供不可撤销的担保函,一家公司可以展示其履行义务的承诺,从而提高其在潜在合作伙伴眼中的信誉。然而,值得注意的是,获得不可撤销的担保函通常涉及费用和收费,这些费用可能因发行银行和担保金额而异。企业必须权衡这些成本与拥有此类担保的好处。此外,公司应确保充分理解与不可撤销的担保函相关的条款和条件,以避免未来可能出现的争议。总之,不可撤销的担保函是一种重要的金融工具,为商业交易提供了保障和安全。它的不可撤销性保护了受益人的利益,并促进了各方之间的信任。在企业应对贸易和合同的复杂性时,理解和利用不可撤销的担保函可以成为显著的优势,最终有助于成功和安全的商业运作。因此,行业专业人士熟悉这一概念及其在各自行业中的影响是至关重要的。

相关单词

irrevocable

irrevocable详解:怎么读、什么意思、用法