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.
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 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
De Soto’s companion wisely kept to the neutral ground at Gibraltar, while he foolishly ventured into the city, his object being to obtain money for a letter of credit he had obtained at Cadiz.
From The Sea: Its Stirring Story of Adventure, Peril, & Heroism. Volume 3 by Whymper, Frederick
