In L/C transaction, the banker is responsible to pay money and tender documents on behalf of both parties.

信用证(L/C---lettle of credit)是一种有条件的银行付款承诺，承担第一付款责任，是一种银行信用，代替买卖双方负责付款和提交单据，对进出口双方（特别是彼此不熟悉的客户）的利益较有保障。

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Checks serve as money, although they are not legal tender.

尽管支票不是法定货币，但可以作为货币使用。

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And rather than costing money, they hope that the deal will ease their financial worries: whichever firm wins the tender will have to split some of its revenue with TfL.

他们希望，与其花钱，不如用这个方法来减轻财务负担：不管哪个公司中标，都得与TfL分享由此项目带来的收益。

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The president has recognised that the pay-offs, though mostly within the letter of the law, were unethical, and has ordered recipients who remained in government jobs 20 in all, including one cabinet under-secretary to return the money or tender their resignations.

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Economists on the left and right have cited the recent housing bust as proof that homes are not great investments, suggesting people would be better off leaving their money to the tender mercies of Wall Street speculators.

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The bid was never offered to a public tender, costing Egypt huge amounts of money, prosecutors said.

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