Phrase guide

commercial letter of credit

noun · 2 senses · updated from the 2026-07-25 local source snapshot

Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.

Sound

Pronunciation

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No pronunciation record was provided for this word.

1

noun

Meaning 1

A document issued by a bank that guarantees payment to a supplier for goods or services.

Definition source: English Wiktionary via Wiktextract

Topics: banking, business, finance

No example sentence was provided for this meaning.

Meaning relationships

Synonyms: none provided

Antonyms: none provided

2

noun

Meaning 2

a letter of credit given to a business concern for commercial purposes

Definition source: Princeton WordNet 3.0

No example sentence was provided for this meaning.

Meaning relationships

Synonyms: none provided

Antonyms: none provided

Broader terms: letter of credit

History

Etymology

No etymology was provided for this word.