letter of credit - definition

Create account
Where to search:
Thesaurus


Dictionaries » Dictionary of Law » L »

letter of credit - definition



A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
(Non-alphabetical character)


letter of credit Search for pronunciation examples


n. a document issued by a bank guaranteeing to provide a customer a line of credit (automatic loan up to a certain amount) for money or security for a loan. Such a letter is used primarily to facilitate long-distance business transactions.



Permanent link to this page: http://www.diclib.com/cgi-bin/d1.cgi?l=en&base=en_law&page=showid&id=1337


Learn foreign languages chatting with us!

  • angelica valeska, 49
    Honduras, Tegucigalpa
    Native language: Spanish
    Foreign language: English
    angelica v...
  • sandra, 36
    Trinidad and Tobago, Santa Cruz
    Native language: Spanish
    Foreign language: English
    sandra
  • Amaro Jos da Silva., 84
    Brazil, Governador Valadres -Mg
    Native language: Portuguese
    Foreign language: Spanish
    Amaro Jos ...
  • camilo, 19
    Honduras, Comayagua
    Native language: Spanish
    Foreign language: Galician
    camilo
  • Мухтор, 26
    Russian Federation, Khabarovsk
    Native language: Russian
    Foreign language: English
    Мухтор
  • Павел, 34
    Russian Federation, Ярославль
    Native language: Russian
    Foreign language: English
    Павел
  • Yuzka, 22
    China, Wuhan
    Native language: Russian
    Foreign language: English
    Yuzka
  • alejandro, 27
    Cuba, Matanzas
    Native language: Spanish
    Foreign language: English
    alejandro
  • Paul Smith, 36
    Dominican Republic, Higuey
    Native language: French
    Foreign language: Spanish
    Paul Smith
  • Fulton Olarte B, 62
    Ecuador, Guayaquil
    Native language: Spanish
    Foreign language: English
    Fulton Ola...
  • Liz
    Cuba, La Habana
    Native language: Spanish
    Foreign language: English
    Liz
  • Carla Maria, 24
    Bolivia, Santa Cruz De La Sierra
    Native language: Spanish
    Foreign language: Spanish
    Carla Mari...
  • martin, 44
    Peru, Lima
    Native language: Spanish
    Foreign language: English
    My interest and hobbii is a food.... I AM CHEF... WORKING IN lima peru.....
    martin
  • Aymara
    Canada, Laval
    Native language: Spanish
    Foreign language: English, Italian
    Aymara
  • Susana, 56
    Spain, Madrid
    Native language: Spanish
    Foreign language: English
    ¡ Hola! Soy profesora de español para extranjeros. Si tenéis alguna duda o queréis preguntarme algo. Yo encantada de ayudar.
    Susana
  • Javier Garcia, 31
    Venezuela, Caracas
    Native language: Spanish
    Foreign language: English
    Javier Gar...
  • Fernando Garcia, 56
    United States, Homestead
    Native language: Spanish
    Foreign language: German, Italian
    Fernando G...
  • felipe, 32
    Brazil, Betim
    Native language: Portuguese
    Foreign language: Spanish
    felipe
  • andreina urbina, 19
    Venezuela, Caracas
    Native language: Spanish
    Foreign language: English
    andreina u...
  • Амелия, 20
    Belarus, Глубокое
    Native language: Belarusian, Russian
    Foreign language: Russian, Belarusian, Ukrainian
    Приветик всем) Я Амелия, мне 16 лет) Буду рада общению со всеми. Я увлекаюсь музыкой, пою, танцую, немного рисую, очень люблю к- поп, но и рок и реп не прочь послушать... Люблю вкусно поесть, поспать, пообщаться с людьми, узнавать много нового и так далее) Вообщем давайте дружить... я не кусаюсь)
    Амелия