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Transferable letter of credit |
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Transferable letter of creditDocument that allows the first beneficiary on a standby bank assurance of funds to transfer all or part of the original letter of credit to a third party.Transferable letter of credit Similar MatchesTransferable Stock OptionsTransferable Stock OptionsOptions that provide by their terms that they may be transferred by the optionee, generally only to a family member or to a trust, limited partnership or other entity for the benefit of family members, or to a charity. Transferable put rightTransferable put rightAn option issued by a firm to its shareholders to sell the firm one share of its common stock at a fixed price (the strike price) within a stated period (the time to maturity). The put right is "transferable" because it can be traded in the capital markets. |
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