Subtitles & vocabulary
Letter of credit
0
tobosu posted on 2015/08/25Ever wondered how international trade deals actually get paid? This video dives deep into the world of Letters of Credit, explaining tricky terms like UCP 600 and 'strict compliance' so you can master this essential workplace skill. You'll pick up advanced vocabulary and understand complex sentence structures used in international business!
Video vocabulary
credit
US /ˈkrɛdɪt/
・
UK /'kredɪt/
- Noun (Countable/Uncountable)
- System to buy something and pay for it later
- Points earned instead of money
- Transitive Verb
- To add a certain amount of money to a total
- To recognize someone's achievements or help
A2
More bank
US /bæŋk/
・
UK /bæŋk/
- Noun (Countable/Uncountable)
- A financial institution that keeps or lends money
- The side of a river
- Transitive Verb
- To put or keep your money in a bank
A1TOEIC
More letter
US /ˈlɛtɚ/
・
UK /'letə(r)/
- Noun (Countable/Uncountable)
- One of the 26 parts of the English alphabet
- Message you put in an envelope and send by post
A1TOEIC
More party
US /ˈpɑrti/
・
UK /'pɑ:tɪ/
- Countable Noun
- Social event often with food, drinks and dancing
- Group of people who travel, do something together
- Intransitive Verb
- To attend, meet, gather at an event to have fun
A1TOEIC
More Use Energy
Unlock Vocabulary
Unlock pronunciation, explanations, and filters
