How to Use letter of credit in a Sentence
letter of credit
noun phrase-
By contrast, previous federal programs required either a letter of credit or a match but not both, the letter from advocates said.
—
Jon Brodkin,
Ars Technica,
2023-09-06
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As a result, Weisbrot said surety companies want liquid assets as collateral, specifically cash or a letter of credit, and not hard assets like real estate.
—
Katrina Kaufman,
CBS News,
2024-03-25
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'letter of credit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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