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.
The lending to the units is backed by a letter of credit from another bank, according to filings in bankruptcy court in Houston.
From The Wall Street Journal • Nov. 19, 2025
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 system that the central bank imposed on importers, an attempt to conserve dollars, had left everything from cars to chicken feed stuck in Egyptian ports.
From New York Times • Oct. 27, 2022
She says she washes one garment every night, and buys a clean handkerchief each Saturday and Wednesday, and has a pocket for her letter of credit sewed to her corset.
From Seeing France with Uncle John by Warner, Anne