Uniform Customs and Practices (Brochure 500)
International Chamber of Commerce rules (commonly referred to as UCP 500 or ICC 500), that are used for Letters of credit. These letters then become legally binding when written into the text of the letter.
Nearby TermsUnified tax credit Uniform Commercial Code (UCC) Uniform Customs and Practices (Brochure 500) Uniform Gifts to Minors Act (UGMA) Uniform practice code
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University