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 could be issued from one bank branch at a certain amount, redeemable only by the account owner.
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
No one, he said, who knew the Governor, trusted him in the slightest degree, and, as for his giving a letter of credit to Benjamin, he had no credit to give.
From Benjamin Franklin; Self-Revealed, Volume II (of 2) A Biographical and Critical Study Based Mainly on his own Writings by Wiliam Cabell Bruce
