A line of credit is any credit source extended to a government, business or individual by a bank or other financial institution. A line of credit may take several forms, such as overdraft protection, demand loan, special purpose, export packing credit, te

In-Ground Assets: Land areas which have been appraised based upon geological assessments of the assets which lie beneath.

Letter of Authorization: A compliance document required for all private placement investors, allowing the trade group to verify the investor’s assets bank to bank. This is also known as the “Authorization to Verify”.

Ledger to Ledger: This phrase refers to a transfer between two accounts held by the same bank. For example, a trader may have an HSBC account, and send the profits to a client with a different HSBC account. This is far more efficient, and avoids possible