TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SIGHT CREDIT [1 record]

Record 1 2012-02-06

English

Subject field(s)
  • Finance
  • Foreign Trade
DEF

A credit where the beneficiary is to obtain payment immediately, either against a sight draft accompanied by documents of title, or against the documents only. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

CONT

Sight credits call for immediate payment upon presentation of relevant documents or drafts or both.

French

Domaine(s)
  • Finances
  • Commerce extérieur
CONT

Les crédits à vue prévoient le paiement immédiat sur présentation des documents pertinents ou des traites, ou des deux.

Spanish

Campo(s) temático(s)
  • Finanzas
  • Comercio exterior
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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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