letter of credit
English Thesaurus
1. 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 (noun.possession)
hypernym | : | credit, |
definition | : | money available for a client to borrow (noun.possession) |
hypernym | : | document, |
definition | : | a written account of ownership or obligation (noun.possession) |
hyponym | : | commercial letter of credit, |
definition | : | a letter of credit given to a business concern for commercial purposes (noun.possession) |
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