L/C, l/c
L/C abbreviation of letter of credit
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Monolingual examples (not verified by PONS Editors)
This parameter is usually stated as the L/C ratio.
en.wikipedia.org The goods in the air consignment are consigned directly to the party (the consignee) named in the letter of credit (L/C).
en.wikipedia.org There are four main types of syndicated loan facilities: a revolving credit; a term loan; an L/C; and an acquisition or equipment line (a delayed-draw term loan).
en.wikipedia.org In case (1), the issuing bank most often sends the L/C through its branch office or correspondent bank to avoid fraud.
en.wikipedia.org In case (2), the beneficiary can request the applicant to specify his/her bank (the beneficiary's bank) as the advising bank in an L/C application.
en.wikipedia.org