单词 | commercial letter of credit |
释义 | commercial letter of credit (once / 1969886 pages) n WORD FAMILY commercial letter of credit: commercial letters of credit USAGE EXAMPLESThe agreement also includes a $1 billion sublimit for the issuance of standby and commercial letters of credit, according to the filing. BusinessWeek(Jun 03, 2011) An explanation of the operation of the commercial letter of credit will ... disclose the methods and conditions under which our imports are financed. Phillips, Chester Arthur, Readings in Money and Banking—Selec...(2011) A agrees to furnish B with a commercial letter of credit. Phillips, Chester Arthur, Readings in Money and Banking—Selec...(2011) n a letter of credit given to a business concern for commercial purposes Hyper letter of credit a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit |
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