letter of credit en · NOUN
Meanings
- A document, used primarily in trade finance and issued generally by a financial institution, in which the institution promises to pay debts up to a certain limit to be acquired by the beneficiary against delivery of documents specified in the letter.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| letters of credit | Number=Plur | lexicographic |
Deriveds
time letter of credit · commercial letter of credit · irrevocable letter of credit
Relateds
vouchsafe · vouch · promissory note · letter of introduction · letter of indemnity · letters patent · voucher
Synonyms
LC (trade finance document) · documentary credit (trade finance document) · L/C (trade finance document)
Translations (16)
pt carta de crédito (trade finance document) · eo akreditivo (trade finance document) · fr lettre de crédit (trade finance document) · de Akkreditiv (trade finance document) · ko 신용장 (trade finance document) · ro scrisoare de credit (trade finance document) · fr accréditif (trade finance document) · el τραπεζική πίστωση (trade finance document) · tr akreditif (trade finance document) · bg акредити́в (trade finance document) · fi remburssi (trade finance document) · hu hitellevél (trade finance document) · cmn 信用狀 /信用状 (trade finance document) · ru аккредити́в (trade finance document) · pl akredytywa (trade finance document) · cmn 信用證 /信用证 (trade finance document)