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.
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
The letter of credit did not exist, the SEC would later tell a court.
From Seattle Times • Jan. 20, 2023
A letter of credit system that the central bank imposed on importers, an attempt to conserve dollars, had left everything from cars to chicken feed stuck in Egyptian ports.
From New York Times • Oct. 27, 2022
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
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
