Wowwwwww, what a great term to totally obscure the meaning. I can't say that I've ever been involved in a shipwreck and I'm absolutely sure I would haven never thought of "irrevocable letters of credit..." It appears you are a very clever person to know.Originally Posted by withm
We once shipped about $250,000 worth of heavy equipment to India by ocean freight. They called it "short landed," in other words, the ship sank. Thank god for irrevocable letters of credit payable on presentation of shipping documents!
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Thread: Ever had this!?
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12-19-2008, 04:12 PM #12
Downhill into Paradise
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"The important thing is this: To be able at any moment to sacrifice what we are for what we might become." Charles Dubois
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