Word.ws English Dictionary

letter of credit

letter of credit noun: 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.

Noun

letter of credit (plural letters of credit)

  1. 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.
    Synonyms:
    documentary credit, LC, L/C

letter of credit meaning in Tamil and Kannada

letter of credit in Tamil

கடன் சான்று, வரவுவைக்கப்பட்ட, நன்மதிப்புக் கடிதம், வாணிக உறுதிக் கடிதம், கடன் கடிதம், பற்று ஓலை

letter of credit in Kannada

ಖಾತರಿ ಪತ್ರ, ವಿಶ್ವಾಸ ಪತ್ರ, ಉದ್ದರಿ ಪತ್ರ, ನಂಬಿಕೆಯ ಪತ್ರ

Synonyms of letter of credit

  • documentary credit
  • LC
  • L/C

Forms of letter of credit

pluralletters of credit

Words formed from letter of credit

Questions about letter of credit

What does letter of credit mean?
Letter of credit means 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.
What is letter of credit in Tamil?
Letter of credit in Tamil is கடன் சான்று, வரவுவைக்கப்பட்ட, நன்மதிப்புக் கடிதம். See Letter of credit meaning in Tamil.
What part of speech is letter of credit?
Letter of credit is a noun.
What is the plural of letter of credit?
The plural of letter of credit is letters of credit.

Words near letter of credit in the dictionary

  1. letter of conduct
  2. letter of counter-mart
  3. letter of countermarque
  4. letter of countermart
  5. letter of credence
  6. letter of credit
  7. letter of good conduct
  8. letter of guarantee
  9. letter of indemnity
  10. letter of intent
  11. letter of introduction

Source and license

Adapted from Wiktionary: letter of credit (page history and authors); letter of credit (Tamil Wiktionary) (page history and authors); letter of credit (Kannada Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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Cite this entry: “letter of credit.” Word.ws, https://word.ws/letter_of_credit. Based on Wiktionary, CC BY-SA 4.0.