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dc means deccan chronical news paper agency in India.

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Khalil Lubowitz

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2y ago

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What does DC stand for in terms of electricity?

DC: Direct Current


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What is payment term CIA?

what is the terms of payments C.I.A?


What does PDC means in terms of payments?

Post Dated Cheque


What are the terms of the contract for taking over car payments?

The terms of a contract for taking over car payments typically include details such as the monthly payment amount, the duration of the agreement, any penalties for late payments or early termination, and the responsibilities of both parties involved in the transfer of ownership. It is important to carefully review and understand all terms before agreeing to take over car payments.


Is DC safer than AC in terms of electrical systems?

DC is generally considered safer than AC in terms of electrical systems because DC does not cause the same level of electric shock and is less likely to start fires.


What is a documentary credit?

Documentary Credits (DC) DCs, more commonly known as letters of credit are a widely used method to effect payments in domestic and international trade. A written undertaking is issued by a bank (usually referred to as the issuing bank) on the instructions of the buyer of goods to the seller. The payment is made under conditions stated in the undertaking. Payments are always upto a stated limit and against stipulated documents. The use of a DC provides enough safeguards for the parties involved. The seller is ensured payment, provided he complies with terms he agreed to while the buyer can include all terms and conditions within the DC that satisfy him on the quality and quantity of the goods without having to sight / inspect the goods themselves. Since banks act as trustworthy third parties/ intermediaries, the issues relating to trust between the buyer and the seller are taken care of. DCs can be either sight or usance depending on whether credit period is extended to the buyer by the seller. Important aspects to check for when you receive a DC are:Payment terms Availability of the DC Acceptability of issuing bank Terms of shipment Feasibility of complying with terms of the DC Workability of the DC Bank charges to whose account Confirmation to a DC enhances security under the DC and mitigates any existing issuing bank and/ or country risk since the same are taken over by the confirming bank. The schematic below elucidates Documentary Credit transaction flow :


Which of these terms includes items such as car payments and insurance?

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The terms for the credit card offer that includes no payments for 12 months are typically referred to as a "12-month deferred payment plan."


Repayment options what does 10 defered payments mean?

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What is the arrangement between buyer and seller as to when payments for merchandise are to be made?

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