Talk:FCO

Does anyone have a reference for the proposition that a "Full Corporate Offer" is a "fictitious/fraudulent contract, typically for 'metric tonne' gold / oil deals, typically involving 'Swiss Procedure'"? Bongomatic 08:00, 23 August 2007 (UTC)


 * who put in the the joke that a Full Corporate Offer is "fictitious/fraudulent contract"??? that is definitely not the case! a Full Corporate Offer is a standard business practice for all corporation in the resource market- together with a ICPO (Irrevocable Corporate Purchase Order), a BGL (Bank Guarantee Letter) and a LOI (Letter of Intent) it is a basic term in modern business = business over electronic exchanges. a varation herefo is the FSCO Full Secret Corporate Offer and so on and on - to say that a FCO is a "fictitious/fraudulent contract" is wrong and ludicrous - companies like Gazprom, AngloAmerican or Banco Santander use FCO all the time (I work in this field!). A LOI to a company will result in a FCO being issued, which is a binding offer and can be signed by the counter-party in the deal, which then has to issue the ICPO  with a BGL to make the deal happen. very simple and done daily thousands of times and by the way "Swiss Procedure" I have never heard of that one until now... in my opinion that should be removed too. --noclador (talk) 20:30, 26 November 2009 (UTC)
 * and have a look at the edits of the person that added this nonsense to wikipedia: 87.74.63.103 --noclador (talk) 20:36, 26 November 2009 (UTC)""
 * btw. sure on google you only will find fraudulent FCOs - which serious corporation will post its business contracts online??? not one- also normally a FCO is secret (to be distributed only among the parties involved) and valid for a maximum of 3 to 20 days (the 3 days for goods traded on exchanges). so- on google fake FCOs - between serious business groups a daily and approved business practice. --noclador (talk) 20:41, 26 November 2009 (UTC)

Full Corporate Offer
As the editor who cares to look will see, there is no reference to "Full Corporate Offer" in reliable sources that obviously supports any particular definition of the term:

Note in particular the lack of references to the term in books&mdash;particularly dictionaries of business or finance terminology. A WP:DICTDEF masquerading as a (red) dablink has existed since January 2, 2007. The definition comported with a cursory inspection of available online sources. Now the definition here (the wrong place) has been changed on several occasion to a meaning unsupported by any references whatsoever. I propose deleting the red dablink (and definition) pending the creation of a referenced article on the term. Bongo  matic  12:35, 27 November 2009 (UTC)

Fire Control Officer
This also another abbreviation for FCO. It's used in the military, for example someone in an AC130.--Bluesoju (talk) 16:14, 20 March 2011 (UTC)