letter of credit

let·te·rofc·redit

uncommon

noun

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

letter of credit

Related words

Broader terms

document
credit

Narrower terms

commercial letter of credit
traveler's letter of credit

Grammar

noun
singular	letter of credit
plural	letter of credits

Nearby words

letter bomb letter bond letter box letter carrier letter case letter of intent Letter of Jeremiah letter of mark and reprisal letter of marque letter of the alphabet

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