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Exercise 15. Learn the following words and expressions used in payment letters and make up your own sentences with them
1.
| letter of Credit (L/ C)
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| 2.
| bank transfer
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| 3.
| Bill of Exchange (B/ E)
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| 4.
| invoice
| -
| 5.
| days after sight (d/ s)
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| 6.
| documentary L/ C/ commercial L/ C
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| 7.
| revocable (irrevocable) L/ C
| ()
| 8.
| confirmed L/ C
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| 9.
| quotation
| ,
| 10.
| record
| ,
| 11.
| record of invoices
| -
| 12.
| commercial / xport nvoice
| / -
| 13.
| consular Invoice
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| 14.
| duty
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| 15.
| advice note
| , -
| 16.
| pro-Forma invoice
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| 17.
| documentary bill of exchange
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| 18.
| drawer
| (, )
| 19.
| drawee
| (, )
| 20.
| due for payment
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| 21.
| mature
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| 22.
| discount the bill
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| 23.
| endorse the bill
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| credit extension
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| 25.
| credit fee
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| 26.
| credit in the amount of
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| 27.
| on demand
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| 28.
| a four months B/E
| 4
| 29.
| endorsement
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| 30.
| endorser
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| 31.
| endorsee
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| 32.
| holder
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| 33.
| to fall due
| ( )
| 34.
| interest
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| 35.
| date of maturity
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| 36.
| at sight/ on demand
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| 37.
| at a stated time after sight
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| 38.
| to honor on presentation
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| 39.
| bearer cheque
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| 40.
| order cheque
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| 41.
| crossed cheque
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| 42.
| depositor
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| 43.
| counterfoil
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| 44.
| endorsement in blank (blank endorsement)
| ,
| 45.
| endorsement in full
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| 46.
| restrictive endorsement
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| 47.
| endorsement without recourse
| ,
| 48.
| endorcement for collection
| ,
| 49.
| sum stated in our invoice
| , -
| 50.
| less 10 % your commission
| 10%
| 51.
| confusion
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| 52.
| outstanding (amount)
| / ()
| 53.
| after deduction of discount
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| 54.
| on looking up your account
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| 55.
| printed form
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| 56.
| listed overleaf
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| 57.
| to clear debts
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| 58.
| on producing evidence
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| 59.
| dock-company
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| 60.
| forwarding agent
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| 61.
| beneficiary
| ,
| 62.
| freight prepaid
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| 63.
| to reimburse
| ()
| 64.
| discrepancy
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| 65.
| to warrant
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| 66.
| to waive
| ,
| 67.
| current liability
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| 68.
| 60 days after sight (d/s)
| 60
| 69.
| overdue
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| 70.
| to go astray
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| 71.
| to defer payment
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| 72.
| oversight
| ,
| 73.
| money order / transfer / remittance
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| 74.
| credit
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| 75.
| cash credit
| ,
| 76.
| committed line of credit
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| 77.
| credit account
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| 78.
| credit against securities
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| 79.
| credit commitment
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| 80.
| credit disability
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| 81.
| credit extension
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| 82.
| credit fee
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| 83.
| credit in the amount of
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