Definition of Commercial letter of credit

1. Noun. A letter of credit given to a business concern for commercial purposes.

Generic synonyms: Letter Of Credit

Commercial Letter Of Credit Pictures

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Lexicographical Neighbors of Commercial Letter Of Credit

commercial art
commercial artist
commercial at
commercial bank
commercial bribery
commercial buster
commercial credit
commercial credit company
commercial document
commercial enterprise
commercial finance company
commercial forest land
commercial instrument
commercial invoice
commercial law
commercial letter of credit (current term)
commercial loan
commercial message
commercial off-the-shelf
commercial paper
commercial traveler
commercial traveller
commercial travellers
commercial treaty

Literary usage of Commercial letter of credit

Below you will find example usage of this term as found in modern and/or classical literature:

1. Foreign Exchange by Albert Conser Whitaker (1919)
"CHAPTER VII THE BANK CREDIT AND LETTER OF CREDIT § 37. The nature of the commercial credit.—The purpose of a commercial letter of credit is to enable an ..."

2. Brooks' Foreign Exchange Text Book: An Elementary Treatise on Foreign by Howard Keyes Brooks (1906)
"A commercial letter of credit, or, as sometimes called, a mercantile letter of ... It is not necessary for the purchaser of a commercial letter of credit to ..."

3. Foreign Commercial Credits: A Study in the Financing of Foreign Trade by George William Edwards (1922)
"THE X BANK Gentlemen: New York, Commercial Letter of Credit No We hereby authorize ... to Insurance Drafts under this Commercial Letter of Credit must be ..."

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