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
Though Intrater and his lawyers repeatedly requested the letter of credit, it never materialized.
From Seattle Times ● Jan. 20, 2023
That individual could then travel to any city with a Venetian bank branch and redeem the letter of credit, which could then be spent on trade goods.
From Textbooks ● Jan. 1, 2020
A agrees to furnish B with a commercial letter of credit.
From Readings in Money and Banking Selected and Adapted by Chester Arthur Phillips
