Last Updated
：2025/11/22
letter of comfort
（ plural ）
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(finance) A letter that is not legally binding but provides some form of assurance about the financial position of an entity.
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letter of comfort
Before approving the loan, the bank requested a letter of comfort from the parent company to reassure them about the subsidiary's financial backing.
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Before approving the loan, the bank requested a letter of comfort from the parent company to reassure them about the subsidiary's financial backing.
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