comfort letter
noun[C]
ACCOUNTING,FINANCEukus→letter of comfort
Examplesofcomfort letter
comfort letter
Subsequently, a bring-down letter is used to re-verify, as of a later date, that the originalcomfortletteris still valid.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.I can now announce that a further agreement has been made, in case there is any incipient anxiety, even after thatcomfortletter.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Unfortunately, it had to contact me to obtain a copy of the draftcomfortletter.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
The problems with this form ofcomfortletterare that the measures are not legally binding and they can have consequences for third parties.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Comfort letters are often used because the seller is unable or unwilling to provide a guarantee on a certain outcome, such as the performance of a security.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Comfort letters are also sometimes provided by those involved in evaluating a company's assets, for instance, in the case of oil and gas companies, third-party reserve engineering firms.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The committee makes practical recommendations for enhancing the legal status of comfort letters, so as to provide more legal certainty.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
I shall not deal in more detail with the use of comfort letters and block exemptions.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
There was much uncertainty about whether the comfort letters were going to be issued.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
In the brief time remaining let me turn to the comfort letters.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- hide-and-seek
- hideaway
- hidebound
- hideous
- hideously
- hideousness
- hide out
- hideout
- hide-out
- hidey-hole
- hidey-hole
- hide your light under a bushel
- hide-your-light-under-a-bushel
- hiding
- hiding place
- hiding-place
- hiding spot
- hie
- hierarchical
- hierarchical approach
- hierarchical arrangement
- hierarchical arrangement
- hierarchical classification
- hierarchical control
- hierarchically