letter of credit
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The lending to the units is backed by a letter of credit from another bank, according to filings in bankruptcy court in Houston.
From The Wall Street Journal • Nov. 19, 2025
In March, to make up for the lost payments, the landlord used a letter of credit deposited by Twitter for $968,000.
From Washington Times • Jun. 15, 2023
Though Intrater and his lawyers repeatedly requested the letter of credit, it never materialized.
From Seattle Times • Jan. 20, 2023
That individual could then travel to any city with a Venetian bank branch and redeem the letter of credit, which could then be spent on trade goods.
From Textbooks • Jan. 1, 2020
He paused for a moment, and then added: "My letter of credit is for thirty thousand francs."
From The Transgression of Andrew Vane a novel by Carryl, Guy Wetmore
