0 a letter from a company that tells a bank that it supports a request for a loan made by one of its subsidiary companies (= one of the companies that it owns): --
1 a letter from an accountant about a company that is selling shares for the first time, that states that the information in the company's accounts is correct: --
The function of the letter of comfort is to reduce the underwriters' liability risk resulting from a misleading prospectus.
We can complete it step by step however long the road is and it can't be completed however short the road is if you don't even mark your footprint.
Можем да го завършим стъпка по стъпка, колкото и дълъг да е пътят и не може да бъде завършен, колкото и кратък да е пътят, ако дори не маркирате отпечатъка си.