Transcription
-
- US Pronunciation
- US IPA
- UK Pronunciation
- UK IPA
-
- [let-er uhv, ov kred-it]
- /ˈlɛt ər ʌv, ɒv ˈkrɛd ɪt/
- /ˈletə(r) əv ˈkredɪt/
-
- US Pronunciation
- US IPA
-
- [let-er uhv, ov kred-it]
- /ˈlɛt ər ʌv, ɒv ˈkrɛd ɪt/
Definitions of letter of credit words
- noun letter of credit an order issued by a banker allowing a person named to draw money to a specified amount from correspondents of the issuer. 1
- noun letter of credit an instrument issued by a banker authorizing a person named to make drafts upon the issuer up to an amount specified. 1
- noun letter of credit bill of exchange 1
- countable noun letter of credit A letter of credit is a letter written by a bank authorizing another bank to pay someone a sum of money. Letters of credit are often used by importers and exporters. 0
- countable noun letter of credit A letter of credit is a written promise from a bank stating that they will repay bonds to lenders if the borrowers are unable to pay them. 0
- noun letter of credit an order authorizing a named person to draw money from correspondents of the issuer 0
Information block about the term
Origin of letter of credit
First appearance:
before 1635 One of the 43% oldest English words
First recorded in 1635-45
Historical Comparancy
Parts of speech for Letter of credit
noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
letter of credit popularity
This term is known only to a narrow circle of people with rare knowledge. Only 29% of English native speakers know the meaning of this word.
According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.
letter of credit usage trend in Literature
This diagram is provided by Google Ngram ViewerSynonyms for letter of credit
noun letter of credit
- l/c — letter of credit
- credit memorandum — a memorandum issued to an account allowing a credit or reducing a debit, especially one posted to a customer's account.
- credit slip — A credit slip is the same as a credit note.
- lettre de creance — letter of credit.
See also
Matching words
- Words starting with l
- Words starting with le
- Words starting with let
- Words starting with lett
- Words starting with lette
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- Words starting with lettero
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- Words starting with letterofc
- Words starting with letterofcr
- Words starting with letterofcre
- Words starting with letterofcred
- Words starting with letterofcredi
- Words starting with letterofcredit