traveller's letter of credit
1traveller's letter of credit — noun a letter of credit given to a traveler • Syn: ↑traveler s letter of credit • Hypernyms: ↑letter of credit • Hyponyms: ↑traveler s check, ↑traveller s check, ↑banker s check …
2letter of credit — noun 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 • Hypernyms: ↑document, ↑credit • Hyponyms: ↑commercial letter of credit, ↑traveler s letter of credit,… …
3traveler's letter of credit — noun a letter of credit given to a traveler • Syn: ↑traveller s letter of credit • Hypernyms: ↑letter of credit • Hyponyms: ↑traveler s check, ↑traveller s check, ↑banker s check …
4letter of credit — documentary credit A letter from one banker to another authorizing the payment of a specified sum to the person named in the letter on certain specified conditions (see letter of indication). Commercially, letters of credit are widely used in the …
5letter of credit — documentary credit A letter from one banker to another authorizing the payment of a specified sum to the person named in the letter on certain specified conditions. Commercially, letters of credit are widely used in the international import and… …
6traveller's check — noun a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer • Syn: ↑traveler s check, ↑banker s check • Hypernyms: ↑traveler s letter of credit, ↑traveller s letter of credit …
7letter of indication — letter of identification A letter issued by a bank to a customer to whom a letter of credit has been supplied. The letter has to be produced with the letter of credit at the negotiating bank; it provides evidence of the bearer s identity and a… …
8credit, letter of — ▪ finance order from a bank to a bank or other party abroad authorizing payment of money (up to a specified limit) to a person named in the letter. A letter of credit, unlike a bill of exchange (exchange, bill of) (q.v.), is not negotiable… …
9traveler's check — noun a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer • Syn: ↑traveller s check, ↑banker s check • Hypernyms: ↑traveler s letter of credit, ↑traveller s letter of credit * * …
10banker's check — noun a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer • Syn: ↑traveler s check, ↑traveller s check • Hypernyms: ↑traveler s letter of credit, ↑traveller s letter of credit * …
