term revocable help what is
Meaning of revocable. What is it: cancel or alter a letter of credit after it has been issued by.

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Definition revocable

REVOCABLE title: revocable (SD-FT) (SAP Library - Glossary)
REVOCABLE category: Foreign Trade (SD-FT)
REVOCABLE explained:

In this case, the capability of a buyer (importer) to cancel or alter a letter of credit after it has been issued by the buyer's bank.

Revocable letters of credit are rarely used due to security considerations.

More terms such as revocable in Dictionary R.

Manual Reset Procedure:
Help An accrual/deferral procedure whereby expense and revenue accounts are adjusted at a specified key date and subsequently reset revocable definition.
Manual Rate Change Date:
Help Date on which a new interest rate is determined for a loan revocable explain.
Manual Resource Type (CO-OM-CCA):
Help whether a resource references other organizational units. Resource types and their meanings: Type R - The resource is used only in Overhead Cost Controlling (CO-OM). Type B - The resource references revocable what is.
Manual Reference Point (IS-EC-BOS):
Help BOS costing items to WBS elements using the BOS-Project cost transfer. There are two possibilities for the cost transfer: Costing item transfer A costing item is selected and transferred individually revocable meaning.
Manual Reference Time:
Help Date and time on which the system enters completed PM and CS orders and notifications in the history revocable abbreviation.
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