Definition
n.
letter of credit (L/C)a financial instrument used in international trade to guarantee payment
Examples
- 信用证。Chūkǒushāng yāoqiú mǎifāng kāijù yì zhāng xìn yòng zhèng.The exporter asked the buyer to open a letter of credit.
- 信用证。Zhè fèn xìn yòng zhèng de yǒuxiàoqī zhǐyǒu sān gè yuè.This letter of credit is valid for only three months.
- 信用证。Jìnkǒushāng bìxū àn xìn yòng zhèng tiáokuǎn zhǔnbèi dānjù.The importer must prepare the documents according to the terms of the letter of credit.
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