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

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

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

He made ready for the journey, and set sail, disappointed, however, that the letter of credit did not come before he left.

From Famous American Statesmen by Bolton, Sarah Knowles