letter of credit

英語（米国） (en-US) 英語（イギリス） (en-GB)

名詞

(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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The exporter secured the deal by insisting that the importer obtain a letter of credit before shipping the merchandise.

詳細

意味（1）

(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.

letters of credit （ plural ）