Last Updated：2025/11/22
(finance, banking) A document, used primarily in trade finance and issued generally by a financial institution, in which the institution promises to pay debts up to a certain limit to be acquired by the beneficiary against delivery of documents specified in the letter.
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letter of credit
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Source Word
letter of credit
Noun
Japanese Meaning
信用状：金融機関が発行する文書で、貿易金融において、受益者に対して指定された書類の提示を条件に一定の上限額まで債務を支払うことを約束するもの。
（ plural ）
