„Applicant (also Account Party)“
What does Applicant (also Account Party) stand for?
1. The party at whose request a bank issues a letter of credit.
2. A person who applies for something: a job, a passport, a visa, a license, a ticket etc. etc.
Source:
Financial and BankingView all itemsGraham, J. R., & Trevino, L. K. (2021). Business Ethics: Decision-Making for Personal Integrity & Social Responsibility. McGraw-Hill Education.
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