LATEST DATE FOR PRESENTATION
\lˈe͡ɪtəst dˈe͡ɪt fɔː pɹˌɛzəntˈe͡ɪʃən], \lˈeɪtəst dˈeɪt fɔː pɹˌɛzəntˈeɪʃən], \l_ˈeɪ_t_ə_s_t d_ˈeɪ_t f_ɔː p_ɹ_ˌɛ_z_ə_n_t_ˈeɪ_ʃ_ə_n]\
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Submittal deadline a beneficiary of a letter of credit (L/C) has for required documents to receive the payment. If the L/C has no specified, either the L/C validity date or the date of issue of the associated bill of lading or air waybill, plus 21 days, is typically a default latest date.
By Henry Campbell Black
Word of the day
sailing vessel
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Nearby Words
- lates
- latescence
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