单词 | letter of credit |
释义 | letter of creditan order authorizing a named person to draw money from correspondents of the issuer letter of creditnoun 1. a letter issued by a bank entitling the bearer to draw funds up to a specified maximum from that bank or its agencies 2. a letter addressed by a bank instructing the addressee to allow the person named to draw a specified sum on the credit of the addressor bank |
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