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Definitions

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

Twitter was then required to replenish the letter of credit by April 4, a deadline that it missed.

From Washington Times • Jun. 15, 2023

The letter of credit did not exist, the SEC would later tell a court.

From Seattle Times • Jan. 20, 2023

A letter of credit could be issued from one bank branch at a certain amount, redeemable only by the account owner.

From Textbooks • Jan. 1, 2020

Da Costa would give him no money, but a letter of credit upon an agent in New York.

From Famous Men of Science by Bolton, Sarah K.




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