letter of credit
- n a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit
letter of credit :
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News & Articles
- Fitch Releases an Updated Report on 'Rating Guidelines for Letter of Credit-Supported Bonds'
Fitch Ratings has published an updated report on 'Rating Guidelines for Letter of Credit-Supported Bonds'. This report updates the previous criteria report of the same name dated J
June 14, 2013 - Business Wire via Yahoo! Finance