Dictionary Only:
Profanity Off:

COMMERCIAL LETTER OF CREDIT

(noun)
Did you mean?
Also try..

Definitions

There is 1 meaning of the phrase Commercial Letter Of Credit.

Commercial Letter Of Credit - as a noun

A letter of credit given to a business concern for commercial purposes

Example Sentences

"The exporter used a commercial letter of credit to ensure payment for the goods."
"The buyer requested a commercial letter of credit to guarantee the delivery of the ordered products."
"The bank issued a commercial letter of credit to facilitate the international trade transaction."
"The importer presented the commercial letter of credit to the exporter as proof of their commitment to payment."
"The seller relied on the commercial letter of credit as a secure payment method."
View more

A-Z Proximities

WordDB Icon
WordDB
United Kingdom
Download the WordDB app directly on your home screen for instant access. No App Store necessary, less than 1MB storage, always up-to-date and secure.
1.
Tap on share button
2.
Tap on Add To Home Screenadd button
3.
Find WordDB App Icon on your home screen