list popierający letter of comfort
| Creator: | |
| Language pair: | Polish to English |
| Definition / notes: | www.ling.pl A letter issued to a lending institution by a parent company acknowledging the approval of a subsidiary company's attempt for financing. The 'letter of comfort' in no way guarantees the loans approval for the subsidiary company. It merely gives reassurance to the lending institution that the parent company is aware and approves of the situation. |
| URL: | http://www.investopedia.com/terms/l/letterofcomfort.asp |
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