Letter of credit Definition & Meaning

About The Word Letter of credit

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Letter of credit

Letter of credit Definition And Meaning
What's The Definition Of Letter of credit? [n] 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 Synonyms \| Synonyms for Letter of credit: Related Terms \| Find terms related to Letter of credit: acceptance \| acceptance bill \| aerogram \| air letter \| airgraph \| bank acceptance \| bank check \| bill \| bill of draft \| bill of exchange \| billet-doux \| blank check \| bull \| CD \| certificate \| certificate of deposit \| certified check \| chain letter \| charge card \| charge plate \| check \| checkbook \| cheque \| circular note \| commercial paper \| credit card \| credit instrument \| credit slip \| dead letter \| debenture \| demand bill \| demand draft \| deposit slip \| dimissorial \| dimissory letter \| draft \| drop letter \| due bill \| encyclical \| exchequer bill \| fan letter \| form letter \| IOU \| letter of introduction \| letters credential \| letters of marque \| letters of request \| letters overt \| letters patent \| letters rogatory \| love letter \| MO \| money order \| monitory \| negotiable instrument \| newsletter \| nixie \| note \| note of hand \| open letter \| paper \| Pastoral Epistle \| pastoral letter \| poison-pen letter \| postal order \| promissory note \| round robin \| sight bill \| sight draft \| time bill \| time draft \| trade acceptance \| treasury bill \| voucher \| warrant See Also \| commercial letter of credit \| credit \| document \| traveler's letter of credit \| traveller's letter of credit

Letter of credit Definition And Meaning

What's The Definition Of Letter of credit?

[n] 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

Synonyms | Synonyms for Letter of credit:

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