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.
Although ISL’s 2001 bankruptcy exposed the risk of relying on a single partner, the ATP survived because Miles and Scott had secured a $200 million Swiss letter of credit.
From Los Angeles Times ● Sep. 9, 2026
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 could be issued from one bank branch at a certain amount, redeemable only by the account owner.
From Textbooks ● Jan. 1, 2020
In the evening Albano and Augusti went with the paternal letter of credit to the Minister's.
From Titan: A Romance v. 1 (of 2) by Jean Paul Friedrich Richter
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