| 单词 | letter of credit |
| 释义 | letter of creditWord forms: plural letters of credit 1. countable noun A letter of credit is a letter written by a bank authorizing another bank to pay someone a sum of money. Letters of credit are often used by importers and exporters. [business]2. countable noun A letter of credit is a written promise from a bank stating that they will repay bonds to lenders if the borrowers are unable to pay them. [business] The project is being backed by a letter of credit from Lasalle Bank. [+ from] letter of credit in British Englishan order authorizing a named person to draw money from correspondents of the issuer letter of credit in British Englishnoun 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 letter of credit in American English a letter from a bank asking that the holder of the letter be allowed to draw specified sums of money from other banks or agencies, to be charged to the account of the writer of the letter letter of credit in Finance (lɛtər əv krɛdɪt) or LC Word forms: (plural) letters of credit noun (Finance: Banking) A letter of credit is a letter written by a bank authorizing another bank to pay someone a sum of money. If a seller agrees to be paid by a letter of credit, then you need a reliable bank to handle the transaction. The project is being backed by a letter of credit from Lasalle Bank. A letter of credit is a letter written by a bank authorizing another bank to pay someone a sum of money. letter of credit in Accounting (lɛtər əv krɛdɪt) Word forms: (plural) letters of credit noun (Accounting: Commerce) credit , credit , credit A letter of credit is a letter written by a bank authorizing another bank to pay someone a sum of money. If a seller agrees to be paid by a letter of credit, then you need a reliable bank to handle the transaction. The project is being backed by a letter of credit from Lasalle Bank. A letter of credit is a letter written by a bank authorizing another bank to pay someone a sum of money. Examples of 'letter of credit' in a sentence |
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