letter of credit

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noun

an order issued by a banker allowing a person named to draw money to a specified amount from correspondents of the issuer.

an instrument issued by a banker authorizing a person named to make drafts upon the issuer up to an amount specified.

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Origin of letter of credit

First recorded in 1635–45

Words nearby letter of credit

letterman, letter missive, letter of advice, letter of attorney, letter of comfort, letter of credit, letter of intent, letter of introduction, letter of marque, letter of the law, letter-perfect

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use letter of credit in a sentence

But give the Kingdom credit for its sense of mercy: The lashes will be administered only 50 at a time.
In Defense of Blasphemy|Michael Tomasky|January 9, 2015|DAILY BEAST
To his credit, Huckabee is conscious of the fact that he will need a cluster of deep-pocketed patrons and bundlers.
Can Huckabee Convert the GOP’s Moneymen?|Lloyd Green|January 4, 2015|DAILY BEAST
In memoriam, Parker Molloy writes a powerful letter to Leelah.
Six Must-Read Stories About Gay Mormon Husbands and Iranian Drug Wars|The Daily Beast|January 3, 2015|DAILY BEAST
To be sure, Jefferson did share the credit, but not in the way such a resolution might be interpreted.
Forget the Resolutions; Try a Few Declarations|Kevin Bleyer|January 1, 2015|DAILY BEAST

Your letter highlights so many of the harsh realities trans people face, specifically in regard to how society rejects us.
Dear Leelah, We Will Fight On For You: A Letter to a Dead Trans Teen|Parker Molloy|January 1, 2015|DAILY BEAST
He turned to the gentle accents of his sweet Alice, breathed in a letter which had been wet with her grateful tears.
The Pastor's Fire-side Vol. 3 of 4|Jane Porter
Hoosier hurried on board the boat, and followed Dick's instructions to the letter.
The Book of Anecdotes and Budget of Fun;|Various
A letter from Fajardo to the king (December 10, 1621) concerns various matters of administration and business.
The Philippine Islands, 1493-1898, Volume XX, 1621-1624|Various
How little did he divine that the letter of the doctor was called forth by a communication from the countess-dowager.
Elster's Folly|Mrs. Henry Wood
After all, here was a babe equipped to face the exigencies of a censorious world; in looks and apparel a credit to any father.
The Joyous Adventures of Aristide Pujol|William J. Locke

British Dictionary definitions for letter of credit

letter of credit

noun

a letter issued by a bank entitling the bearer to draw funds up to a specified maximum from that bank or its agencies

a letter addressed by a bank instructing the addressee to allow the person named to draw a specified sum on the credit of the addressor bank

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

letter of credit

Origin of letter of credit

Words nearby letter of credit

Words related to letter of credit

How to use letter of credit in a sentence

British Dictionary definitions for letter of credit