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letters of credit


Identification code: 300027550
Español: cartas de crédito | Català: carta de crèdit



Alternative term/s

  • circular letters of credit
  • circular notes
  • commercial letters of credit
  • confirmed credit
  • confirmed letters of credit
  • credit, circular letters of
  • credit, commercial letters of
  • credit, confirmed
  • credit, confirmed letters of
  • credit, letters of
  • credit, traveler's letters of
  • credit, travelers' letters of
  • letter of credit
  • letters of credit, circular
  • letters of credit, commercial
  • letters of credit, confirmed
  • letters of credit, traveler's
  • letters of credit, travelers'
  • notes, circular
  • traveler's letters of credit
  • travelers' letters of credit

Anotations

Scope note:

Use both for letters addressed by a bank to a correspondent certifying that a person named therein is entitled to draw upon his credit up to a certain sum and for letters addressed by a banker to a person to whom credit is given, authorizing that person to draw on the issuing bank.

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