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

Hugh, here's your ticket and your letter of credit.

From The High Heart by King, Basil