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Letter of Credit

nounverified·updated May 18, 2026

a document issued by a bank that guarantees the payment of a customer's draft

MWE

Classifications

Entity Type

Unknownauthoritativeglossary_import_default_pending_classifier
?unassignedlast reviewed

Sensitivity

unclassified

Information Class

unclassified

Variants

plural
Letter of Credits
possessive
Letter of Credit's
pluralpossessive
Letter of Credits'