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
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
But she gave no details and would not confirm that the centerpiece of the negotiation was the $15 billion letter of credit.
From New York Times • Sep. 2, 2019
These letters patent are a letter of credit to the patentee; as a license permitting him to sell his invention, and forbidding all persons to sell or use the invention without his consent.
From Monopolies and the People by Cloud, D. C.
