„Circa“
What does Circa stand for?
Same as “about” and “approx.”; terms which when used in a letter of credit are construed to allow a difference not to exceed 10% more or 10% less than the monetary amount, or the quantity, or the unit price.
Source:
MiscellaneousView all itemsMaverick, C. O. (2008). “Understanding Trade Finance Terms: A Glossary for Importers, Exporters, Bankers and Students”. New York: McGraw Hill Education. pp. 120-125.
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