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deferred payment letter of credit ECON

cash letter of credit personal l-c ECON

Monolingual examples (not verified by PONS Editors)

English
He said that the country must find its way back into the comity of nations operating letters of credit.
www.vanguardngr.com
This is often used in investment projects, letters of credit, and the purchase or real estate or property.
en.wikipedia.org
An oft-cited consequence of the new framework is the negative effect it will have on the availability of traditional trade financing instruments, such as letters of credit.
www.ft.com
Commercial letters of credit (L/C) are most commonly used in international trade transactions as a trusted vehicle to pay for goods.
www.risk.net

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