What is another word for letter of credit?
Pronunciation:
[ lˈɛtəɹ ɒv kɹˈɛdɪt], [ lˈɛtəɹ ɒv kɹˈɛdɪt], [ l_ˈɛ_t_ə_ɹ ɒ_v k_ɹ_ˈɛ_d_ɪ_t]
Synonyms for Letter of credit:
-
n.
• draft • possession Other relevant words:
- L/C ,
- LETTER OF DELEGATION ,
- Nixie ,
- acceptance ,
- acceptance bill ,
- aerogram ,
- air letter ,
- airgraph ,
- bank acceptance ,
- bank check ,
- bank draft ,
- banker's credit ,
- banknote ,
- bill ,
- bill of draft ,
- bill of exchange ,
- billet-doux ,
- blank check ,
- bull ,
- certificate ,
- certificate of deposit ,
- certified check ,
- chain letter ,
- charge card ,
- charge plate ,
- check ,
- checkbook ,
- cheque ,
- circular note ,
- commercial paper ,
- coupon ,
- credit card ,
- credit memorandum ,
- credit slip ,
- currency ,
- dead letter ,
- debenture ,
- demand draft ,
- demand note ,
- deposit slip ,
- draft ,
- draught ,
- draughtsman ,
- draughty ,
- drop letter ,
- due bill ,
- encyclical ,
- fan letter ,
- folding money ,
- form letter ,
- iou ,
- letter of introduction ,
- letters of marque ,
- letters patent ,
- lettre de creance ,
- love letter ,
- money ,
- money order ,
- monitory ,
- negotiable instrument ,
- newsletter ,
- note ,
- note of hand ,
- open letter ,
- paper ,
- poison-pen letter ,
- postal order ,
- promissory note ,
- sight bill ,
- sight draft ,
- time bill ,
- time draft ,
- trade acceptance ,
- treasury bill ,
- treasury note ,
- voucher ,
- warrant .
How to use "Letter of credit" in context?
A letter of credit is a written promise by a lender to pay a certain amount of money to a borrower, at a certain time, if the terms of the letter are met. The letter of credit may also bear a note from the issuing bank guaranteeing the debt. A Letter of Credit is a negotiable instrument, and can be used in a variety of transactions.
Word of the Day
- Synonyms:
- Roughhew.
