letter of credit

WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

Noun letter of credit has 1 sense

letter of credit - a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit
--₁ is a kind of document; credit
--₁ has particulars:
commercial letter of credit; traveler's letter of credit, traveller's letter of credit

letter box letter carrier letter case letter for award letter holonym letter holonymy letter of letter of award letter of credit letter of intent letter of jeremiah letter of mark and reprisal letter of marque letter of the letter of the alphabet letter opener letter paper

Sponsored (shop thru our affiliate link to help maintain this site):

Check latest bestsellers | New Arrivals in Electronics