Letter Of Credit

Word LETTER OF CREDIT
Character 16
Hyphenation N/A
Pronunciations N/A

Definitions and meanings of "Letter Of Credit"

What do we mean by letter of credit?

Here you will find one or more explanations in English for the word letter-of-credit. Define letter-of-credit, letter-of-credit synonyms, letter-of-credit pronunciation, letter-of-credit translation, English dictionary definition of letter-of-credit.

Synonyms and Antonyms for Letter Of Credit

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The word "letter-of-credit" in example sentences

In the three-month period, Moody's Investors Service Inc. said the vast majority of municipal issuers renewed, replaced or refinanced most of the $26 billion of expiring letter-of-credit agreements and other backstops that the ratings firm tracks. ❋ Michael Corkery (2011)

Talbots said it will have 45 days to pay for such orders, up from about 22 days for letter-of-credit purchases. ❋ Unknown (2008)

As part of the transaction, Swiss Re said it signed a 20-year letter-of-credit facility with J.P. Morgan Chase ❋ Unknown (2008)

The two financing arrangements accounted for nearly all of Talbots's letter-of-credit availability. ❋ Unknown (2008)

HSBC Holdings PLC reduced another Talbots letter-of-credit facility to $60 million from $135 million, and it will cancel the credit line Aug. 8. ❋ Unknown (2008)

In a filing with the Securities and Exchange Commission late Tuesday, Talbots said Bank of America Corp. declined to renew a $130 million letter-of-credit agreement. ❋ Unknown (2008)

He had on him his father's letter-of-credit but it was not enough to cover passage to Mars. ❋ Heinlein, Robert A. (1951)

He was sure that the little car, clever as it was, would not even deign to sniff at his letter-of-credit. ❋ Heinlein, Robert A. (1951)

His letter-of-credit was burning a hole in his pocket; he wanted to bleed it a bit. ❋ Heinlein, Robert A. (1951)

He knows the places to visit, and is familiar with the historic occurrences, and is a quiet, cheery companion, and _if_ with it all he has an unlimited letter-of-credit, and makes you feel that somehow you are favoring him by letting him help you out when you run short -- that, I say, would be _the ideal way of traveling_. ❋ S.D. Gordon (N/A)

` ` Some in a letter-of-credit that my father earned from the fretful pig, and much more in cash that I won at poker from the pashas. ❋ Unknown (1917)

But, owing to his letter-of-credit and his ill-spent life, Peter was able to hold his own against men three times his age and of fortunes nearly equal to that of his father. ❋ Unknown (1917)

On the day following the landing, Captain Walker was seated in the office of a counting-house, near the dock-end, and was writing a letter to the captain of the _Fleuron_, requesting him to send him his letter-of-credit, which was in a tin box in a cabin of the French man-of-war, when a terrible _Boom! ❋ Charles Haven Ladd Johnston (1910)

Captain Walker did not long grieve over the loss of his letter-of-credit, left on board the ill-starred _Fleuron_, for he was exchanged, after a few weeks, and was sent back to England with his crew. ❋ Charles Haven Ladd Johnston (1910)

Any borrowings from the credit facility will be secured by Neurometrix's cash, accounts receivable, investment properties and letter-of-credit rights, the Waltham, Mass. -based company said. ❋ Unknown (2010)

Akela would make certain additional undisclosed payments, release all funds from an associated letter-of-credit and issue 1.25 million shares as part of the deal on the property in Austin, it said in a statement. ❋ Unknown (2010)

Chinese corporates have seen a movement to conduct overseas trade on open-account rather than the more traditional letter-of-credit terms with overseas customers. ❋ Unknown (2010)

Cross Reference for Letter Of Credit

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What does letter of credit mean?

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