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




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