Glossary
Uniform fabric terms: U
The vocabulary that turns up on spec sheets, quotations and tender documents, defined in a line or two. Where a term deserves more than that, it links to the guide that covers it properly.
U
- U% and CVm%
- Measures of yarn mass variation along its length from an evenness tester. U% is the mean deviation, CVm% the coefficient of variation; lower is more even. Read the guide on U% and CVm%
- UCP 600
- The International Chamber of Commerce rules that most banks apply to letters of credit. They set how banks examine documents, including up to five banking days to check them and a single notice listing every discrepancy if the bank refuses to pay. Read the guide on UCP 600
- Usance
- The credit period allowed on a bill of exchange or a letter of credit, such as 60 or 90 days after the bill of lading date. A usance LC pays at the end of that period; a sight LC pays once compliant documents are presented. Read the guide on Usance
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