Letter Of Credit

C1 16+
Synonyms Antonyms Collocations Idiomatic Expressions

Synonyms of letter of credit

credit letter
bank guarantee
documentary credit

Antonyms of letter of credit

cash payment
direct transfer
advance payment

Collocations of letter of credit

letter of credit
Frequency: 70 %

The bank issued a letter of credit on behalf of the buyer.

letter of credit
Frequency: 60 %

The bank confirmed the authenticity of the letter of credit.

letter of credit
Frequency: 50 %

The seller requested an issued letter of credit as payment.

letter of credit
Frequency: 45 %

The letter of credit served as a secure payment method for the transaction.

letter of credit
Frequency: 40 %

The letter of credit was used to facilitate the international transaction.

Idiomatic Expressions for letter of credit

  • Phrase: transferable letter of credit
    Meaning: a letter of credit that allows the beneficiary to transfer all or part of the credit to another party
    Usage: The exporter arranged for a transferable letter of credit to facilitate payment to multiple suppliers.