Commodity Letters Of Credit (CLOC)

Business / Agriculture / Commodity Letters Of Credit (CLOC): Food instruments issued in lieu of commodities to certain designated schools participating in the National School Lunch Program. These letters of credit specify the types of foods that schools must buy, which are the same types of foods being donated to other schools by USDA under the commodity distribution program.

Other Words for Credit

Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
Credit Noun Synonyms: belief, faith, trust, credence
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Other Words for Letters

Letters Noun Synonyms: literature, the humanities, belles-lettres, the classics, erudition, culture, the world of letters, learning, scholarship
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Paper Profit (Or Loss)

Business / Taxes / Paper Profit (Or Loss): If you own an asset that increases in value, any increase in value is a paper profit, or unrealized gain. If you sell the asset for more than you paid to buy it, your paper profit becomes an actual pr MORE

Pairoff

Business / Finance / Pairoff: A buyback to offset and effectively liquidate a prior sale of securities. MORE

Paired Off

Business / Finance / Paired Off: Used for listed equity securities. Matched buy and sell market orders, usually pertaining to the pre-opening market picture in a stock, or MOC orders (especially relating to futures/options expiration MORE

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