Longman Dictionary of Contemporary English homepage

letter of credit

 noun
     
Related topics: Loans
letter of credit [countable]
BFL an official letter from a bank allowing a particular person to take money from another bank
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

Dictionary pictures of the day
Do you know what each of these is called?
What is the word for picture 1? What is the word for picture 2? What is the word for picture 3? What is the word for picture 4?
Click on any of the pictures above to find out what it is called.

Explore our topic dictionary

Browse the dictionary