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Dictionary of International Trade

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Promé Promi

Promissory note

An unconditional written promise to pay a specified sum of money on demand or at a specified date to, or to order of. a specified person, or to the bearer. Promissory notes are negotiable instruments and perform more or less the same function as accepted bill of exchange.

Related entries

  • T/T Telegraphic transfer
  • Vostro account
  • Validity
  • Usance L/C
  • Usance draft
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Dictionary of International Trade

Practical Guide to Incoterms

Dictionary of International Trade

Key definitions of over 1500 useful international trade terms. More than 1000 weblinks and 500 acronyms and abbreviations

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