- Complying with credit terms
- مطابق لشروط الاعتماد
English-Arabic economic glossary.
Complying with credit terms
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honor — hon·or vt hon·ored, hon·or·ing 1: to accept and pay the bank honor ed the check 2: to purchase or discount (a draft) in compliance with a letter of credit Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
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honor — v. To accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity and according to its tenor. To pay or to accept and pay, or where a credit so engages to purchase or discount a draft complying with the terms of the draft. U … Black's law dictionary
honor — v. To accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity and according to its tenor. To pay or to accept and pay, or where a credit so engages to purchase or discount a draft complying with the terms of the draft. U … Black's law dictionary
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