LC 60 days refers to a letter of credit that is valid for 60 days. This financial instrument is commonly used in international trade to guarantee payment to the seller, provided that certain conditions are met. The 60-day timeframe typically indicates the period within which the seller must present documents to the bank to receive payment. After this period, the letter of credit may expire, and the seller would no longer be able to claim payment under its terms.
I assume you mean months which about 2 months are in 60 days. If not 60 days are in 2 months. Then maybe its in 3 months in a half
If by workweeks, you mean normal, 5-day working weeks, then there are 60 days in the twelve workweeks in question, as 5*12=60.
60 days is 8 weeks and 4 days.
60/24 = 2.5 days
To convert days to weeks, you divide the number of days by 7, as there are 7 days in a week. Therefore, 60 days divided by 7 equals approximately 8.57 weeks. This means that 60 days is equivalent to around 8 weeks and 4 days.
LC for 30,60,90,or 120 days is called Usanse LC
lc = learning centre
What do you mean by the term LC and when it is used
The LCM of 20 & 15 is 60.
I assume you mean months which about 2 months are in 60 days. If not 60 days are in 2 months. Then maybe its in 3 months in a half
letter of credit
LC usually stands for Liz Claiborne.
In my area they mean payment is due 30 or 60 days from invoice date, respectively. -- days net or -- days DOI meaning the same thing.
Linen closet
In simplest words, A sight LC means that whenever the Bill of Exchange is presented at counter, it must be paid then and there (ofcourse if the LC docx are in order). While a Usance Bill is first presented then accepted and after that it is paid. Usance bills are usually for a period of 30, 60, 90 days. So if a usance bill is of 30 days then it would be paid 30 days after presentation and acceptance.
LC-MS is the abbreviation for Liquid Chromatography - Mass Spectrometry. It is a method for doing analysis.
Lower Case