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LOC

The financial definition for LOC:

See: Letter of credit




Similar Matches

Allocation of income rules

Allocation of income rules
US tax provisions that define how income and deductions are to be allocated between domestic source and foreign source income.


Allocational efficiency

Allocational efficiency
The effectiveness with which a market channels capital toward its most productive uses.


Asset allocation mutual fund

Asset allocation mutual fund
A mutual fund that rotates among stocks, bonds, and money market securities to maximize return on investment and minimize risk.


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