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
Admiration aside, Intrater wanted to know about his investment and a promised letter of credit that secured it.
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
I was to take with me letters recommendatory to a number of his friends, besides the letter of credit to furnish me with the necessary money for purchasing the press, types, paper, &c.
From Memoirs of Benjamin Franklin; Written by Himself. [Vol. 1 of 2] With His Most Interesting Essays, Letters, and Miscellaneous Writings; Familiar, Moral, Political, Economical, and Philosophical by Franklin, Benjamin
