Sentences with letter of credit
let·ter of cred·it
L l - The project is being backed by a letter of credit from Lasalle Bank. [+ from]
- If a seller agrees to be paid by a letter of credit, then you need a reliable bank to handle the transaction.The project is being backed by a letter of credit from Lasalle Bank.A letter of credit is a letter written by a bank authorizing another bank to pay someone a sum of money.