| Share
 

Dictionary


let'ter of cred'it




1. an order issued by a banker allowing a person named to draw money to a specified amount from correspondents of the issuer.
2. an instrument issued by a banker authorizing a person named to make drafts upon the issuer up to an amount specified.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/letter-of-credit.html on line 84 letter of advice Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/letter-of-credit.html on line 92 letter of marque
See also:
  • Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/letter-of-credit.html on line 103 letter of credit (Thesaurus)
  • Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/letter-of-credit.html on line 105 letter of credit (Encyclopedia)

 

Related Content