Uncover how bank guarantees and letters of credit help reduce risk in commercial and real estate transactions by ensuring borrower obligations. Learn their differences.

A Cease and Desist letter for addressing an issue of harassment refers to the first legal step an individual or an enterprise takes to safeguard certain rights. Suppose another individual or business ...

A Social Security award letter is the document used to notify you that your application for Social Security benefits has been approved and you will receive payments. The Social Security Administration ...

A letter of credit guarantees payment to sellers in international trade. Not all letters of credit are transferable; terms vary. Letters of credit differ from lines of credit, mainly not involving ...

A letter of interest is a short, formal introduction of yourself to a potential employer. It’s similar in nature to a cover letter, but not attached to a specific role. Sometimes also known as a ...

If you are in any leadership position, you will likely have to write a letter of recommendation for an employee, coworker, student or intern. Being asked to write a letter of recommendation means the ...