credit extension; extend a letter of credit

简明释义

信用证期限延长,信用证展期

英英释义

例句

1.The company requested a credit extension 信用延期 due to unforeseen expenses related to equipment repairs.

由于设备维修相关的意外开支，公司请求了信用延期 credit extension。

2.To facilitate international trade, we need to extend a letter of credit 扩展信用证 for our supplier in China.

为了促进国际贸易，我们需要为中国的供应商扩展信用证 extend a letter of credit。

3.After reviewing the financial statements, the bank decided to extend a letter of credit 扩展信用证 for another six months.

在审查财务报表后，银行决定再扩展信用证 extend a letter of credit六个月。

4.A credit extension 信用延期 can help businesses avoid defaulting on their loans.

一个信用延期 credit extension可以帮助企业避免违约。

5.The bank agreed to a credit extension 信用延期 for the small business to help them manage their cash flow during the slow season.

银行同意为小企业提供信用延期 credit extension，以帮助他们在淡季管理现金流。

作文

In the world of international trade and finance, the terms credit extension and extend a letter of credit play a crucial role in facilitating transactions between buyers and sellers. A letter of credit is a financial document issued by a bank or financial institution that guarantees payment to a seller on behalf of a buyer, provided that the seller meets the conditions specified in the letter. This mechanism is particularly important in transactions where the parties involved may not know each other well, as it reduces the risk for both sides. When a buyer requests a credit extension, they are essentially asking the bank to provide additional time for payment or to increase the amount of credit available. This can be beneficial for businesses that may experience fluctuations in cash flow or require more time to secure financing. For instance, if a company is importing goods from overseas but faces unexpected delays in payment from its customers, it might seek a credit extension to ensure that it can still meet its obligations to the supplier. On the other hand, when a bank agrees to extend a letter of credit, it is essentially extending the timeframe during which the seller can present their documents and claim payment. This can be advantageous for sellers who may need more time to fulfill the terms of the sale, such as shipping the goods or obtaining necessary documentation. By allowing for a credit extension, the bank helps to maintain trust in the transaction and ensures that the seller can complete their part of the agreement without undue pressure. The process of extending a letter of credit typically involves communication between the buyer, seller, and the issuing bank. The buyer must formally request the extension, often providing a valid reason for the delay. The bank will then assess the situation, considering factors such as the buyer's creditworthiness and the seller's ability to fulfill the contract. If everything checks out, the bank will issue an amended letter of credit with the new terms. Understanding the implications of credit extension and extend a letter of credit is vital for businesses engaged in international trade. It not only affects cash flow management but also impacts the relationship between trading partners. When both parties are aware of the potential for credit extensions, they can negotiate better terms and foster a collaborative environment. In conclusion, the concepts of credit extension and extend a letter of credit are fundamental to the smooth operation of global commerce. They enable businesses to navigate the complexities of international transactions while minimizing risks. By utilizing these financial tools effectively, companies can ensure they remain competitive and financially stable in an ever-changing market landscape.

在国际贸易和金融领域，术语信用扩展和延长信用证在促进买卖双方之间的交易中发挥着至关重要的作用。信用证是由银行或金融机构签发的金融文件，保证在买方满足信用证中规定的条件时，向卖方支付款项。这种机制在参与方彼此不太了解的交易中尤为重要，因为它降低了双方的风险。当买方请求信用扩展时，他们基本上是在要求银行提供额外的付款时间或增加可用的信用额度。这对可能经历现金流波动或需要更多时间来获得融资的企业非常有利。例如，如果一家公司正在从海外进口商品，但面临来自客户的意外付款延迟，它可能会寻求信用扩展以确保能够履行对供应商的义务。另一方面，当银行同意延长信用证时，实际上是延长卖方可以提交文件并索取付款的时间框架。这对可能需要更多时间来满足销售条款（例如运输货物或获取必要文件）的卖方是有利的。通过允许信用扩展，银行帮助维护交易中的信任，并确保卖方能够在没有过大压力的情况下完成协议的部分。延长信用证的过程通常涉及买方、卖方和发行银行之间的沟通。买方必须正式请求延长，通常需要提供延迟的合理理由。银行随后将评估情况，考虑买方的信用状况和卖方履行合同的能力。如果一切顺利，银行将根据新条款签发修订后的信用证。理解信用扩展和延长信用证的含义对于从事国际贸易的企业至关重要。它不仅影响现金流管理，还影响交易伙伴之间的关系。当双方都意识到信用扩展的潜力时，他们可以协商更好的条款并促进合作环境。总之，信用扩展和延长信用证的概念是全球商业顺利运作的基础。它们使企业能够在降低风险的同时应对国际交易的复杂性。通过有效利用这些金融工具，公司可以确保在不断变化的市场环境中保持竞争力和财务稳定。