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.
Twitter was then required to replenish the letter of credit by April 4, a deadline that it missed.
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
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
He asked me if I had plenty of money and I told him yes, indeed, my letter of credit was good for almost any amount.
From Molly Brown of Kentucky by Speed, Nell