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
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
It contained two enclosures; the one a note from his publishers, the other a letter of credit upon a great Roman banking-house.
From A Night on the Borders of the Black Forest by Edwards, Amelia Ann Blanford
