cumulative letter of credit

简明释义

可累积信用证

英英释义

例句

1.The exporter received a cumulative letter of credit 累积信用证 from the bank, ensuring payment for multiple shipments over the year.

出口商从银行收到了一份累积信用证，确保一年内多次发货的付款。

2.The supplier agreed to terms that included a cumulative letter of credit 累积信用证 for all future shipments.

供应商同意了包括对所有未来发货使用累积信用证的条款。

3.The company prefers a cumulative letter of credit 累积信用证 as it simplifies their accounting process for international transactions.

该公司更喜欢使用累积信用证，因为它简化了他们国际交易的会计流程。

4.Using a cumulative letter of credit 累积信用证 allows the buyer to consolidate payments for several orders into one transaction.

使用累积信用证可以让买方将多个订单的付款合并为一笔交易。

5.In the case of a cumulative letter of credit 累积信用证, the buyer can make partial payments as goods are shipped.

在累积信用证的情况下，买方可以在货物发运时进行部分付款。

作文

In the realm of international trade, various financial instruments are utilized to facilitate transactions between buyers and sellers. One such instrument is the letter of credit, which serves as a guarantee from a bank on behalf of the buyer that payment will be made to the seller upon the fulfillment of certain conditions. Among the types of letters of credit, the cumulative letter of credit stands out due to its unique features and benefits.A cumulative letter of credit (累积信用证) allows the buyer to make multiple shipments over a specified period while providing a single credit limit. This means that instead of issuing a separate letter of credit for each shipment, the buyer can utilize one cumulative letter of credit to cover several transactions. This is particularly advantageous for businesses that engage in ongoing trade relationships with suppliers, as it simplifies the administrative process and reduces the costs associated with issuing multiple letters of credit.The primary advantage of using a cumulative letter of credit is the flexibility it offers. For instance, if a company imports goods from a supplier on a regular basis, they can establish a cumulative letter of credit that allows for shipments to be made as needed, without the need for renegotiating terms or securing new credits each time. This not only saves time but also ensures that suppliers are paid promptly, fostering a strong business relationship.Moreover, a cumulative letter of credit can enhance cash flow management for the buyer. Since the letter covers multiple shipments, it allows the buyer to plan their finances more effectively, knowing that they have a set amount available for purchasing goods over a designated time frame. This predictability is crucial for maintaining operational efficiency and managing inventory levels.On the seller's side, a cumulative letter of credit provides assurance that payments will be made as long as the terms of the letter are satisfied. Sellers can ship goods confidently, knowing that they have a financial backing that secures their payments. This can lead to better negotiation terms and potentially lower prices since sellers may be more willing to offer discounts to buyers who can provide a reliable payment method like a cumulative letter of credit.However, it is important to note that both parties must clearly understand the terms outlined in the cumulative letter of credit. This includes the total credit limit, the duration of the credit, and the specific conditions under which payments will be made. Any ambiguity can lead to disputes or delays in payment, which could undermine the benefits of using this financial instrument.In conclusion, the cumulative letter of credit (累积信用证) is a powerful tool in international trade that streamlines the payment process for multiple transactions. Its flexibility and efficiency make it an attractive option for businesses engaged in frequent trade. By understanding how to effectively utilize a cumulative letter of credit, companies can enhance their operational efficiency, improve cash flow management, and foster stronger relationships with suppliers. As global trade continues to grow, the importance of such financial instruments will remain vital in ensuring smooth and secure transactions across borders.

在国际贸易领域，各种金融工具被用于促进买卖双方之间的交易。其中一种工具是信用证，它作为银行代表买方向卖方保证，在满足特定条件时将付款。这些信用证的类型中，累积信用证因其独特的特点和优势而脱颖而出。累积信用证允许买方在规定的时间内进行多次发货，同时提供一个单一的信用额度。这意味着，买方无需为每次发货单独开具信用证，而可以利用一份累积信用证来覆盖多个交易。这对于与供应商建立持续贸易关系的企业特别有利，因为它简化了行政流程并减少了与发放多份信用证相关的成本。使用累积信用证的主要优势在于其灵活性。例如，如果一家公司定期从供应商处进口商品，他们可以建立一份累积信用证，允许根据需要进行发货，而无需每次重新协商条款或确保新的信用。这不仅节省了时间，还确保了供应商能够及时获得付款，从而促进了良好的商业关系。此外，累积信用证还可以增强买方的现金流管理。由于信用证涵盖多个发货，因此它使买方能够更有效地规划财务，知道他们在指定的时间框架内可以用于购买商品的固定金额。这种可预测性对维持运营效率和管理库存水平至关重要。在卖方方面，累积信用证提供了保证，只要满足信用证的条款，付款就会得到保障。卖方可以自信地发货，知道他们有金融支持来确保付款。这可能导致更好的谈判条款和潜在的较低价格，因为卖方可能更愿意向能够提供可靠付款方式的买方（如累积信用证）提供折扣。然而，重要的是，双方必须清楚理解累积信用证中列出的条款。这包括总信用额度、信用的期限以及在何种情况下将进行付款的具体条件。任何模糊之处都可能导致争议或付款延误，这可能削弱使用这一金融工具的好处。总之，累积信用证是一种强大的国际贸易工具，简化了多笔交易的支付过程。其灵活性和效率使其成为频繁交易企业的有吸引力的选择。通过了解如何有效利用累积信用证，公司可以提高运营效率，改善现金流管理，并与供应商建立更强的关系。随着全球贸易的持续增长，这类金融工具的重要性将在确保跨境交易顺利安全方面保持关键作用。