English dictionary



Hint: With the Firefox addon you can search this dictionary from the browsers search field.

English noun: letter of credit

1. letter of credit (possession) 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


Broader (hypernym)credit, document


Narrower (hyponym)commercial letter of credit, traveler's letter of credit, traveller's letter of credit









Based on WordNet 3.0 copyright © Princeton University.
Web design: Orcapia v/Per Bang. English edition: .
2025 onlineordbog.dk