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Glossary (P179~187)
Acceptance DraftA bill of exchange accepted by the drawee (acceptor)by signing it(acceptance)on its face. 已承兑的汇票
Accepting BankA bank that by signing a time draft accepts responsibility to pay when the draft becomes due.承兑银行
AcceptorThe party that signs a draft or obligation, thereby agreeing to pay the stated sum at maturity.承兑人
Advice(banking/letters of credit) The forwarding of a letter of credit, or an amendment to a letter of credit to the seller, or beneficiary of the credit, by the advising bank(typically the seller’s bank) 通知(常用书面形式)
Advising BankThe bank (also referred to as the seller’s or exporter’s bank) that receives a letter of credit or amendment to a letter of credit from the issuing bank (the buyer’s bank) and forwards it to the beneficiary (exporter/seller)of the credit. 通知银行
After DateA notation used on financial instruments (such as drafts or bills of exchange) to fix the maturity date as a fixed number of days past the date of drawing of the draft.出票后……天(到期)
After sight A notation on a draft that indicates that payment is due a fixed number of days after the draft has been presented to the drawee.见票后……天(到期)
Air Waybill (also air bill)(shipping) A shipping document used by airlines for air freight. 航空运单
Amendment (lay/general) an addition, deletion or change in a legal document. 修正,更正
Arrival Notice (shipping) a notice furnished to the consignee and shipping broker alerting them to the projected arrival of freight and its availability for pickup. 到货通知
Assignment (law/shipping/banking) The transfer of rights, title, interest, and benefits of a contract or financial instrument to a third party.转让
At sight (banking) A financial instrument that is payable upon presentation or demand. 见票(即付)
Authentication =27. Certification证明,鉴定
Availability (banking/letters of credit) In letters of credit, refers to the availability of documents in exchanged for payment of the amount stated in the letter of credit. 生效
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