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letter of credit |
Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Wikipedia | 0.23 sec. |
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letter of credit: see credit, letter of credit, letter of, commercial instrument through which a bank or other financial institution instructs a correspondent institution to advance a specified sum of money to the bearer. ..... Click the link for more information. . How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Will you remit your letter of credit to the king, monsieur le comte? In his right pocket he had his letter of credit, in the left, his passport, and in a small leathern purse some double louis d'or, carefully sewn up in the bosom of his waistcoat. Their passage to America would be secretly paid; and they would take with them a letter of credit addressed to a banker in New York. |
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