commercial letter of credit
ریشه و کاربرد
ریشه
The word 'commercial' comes from the Latin word 'commercium', meaning 'trade'. 'Letter' comes from the Old French word 'lettre', meaning 'written message'. 'Credit' comes from the Latin word 'creditum', meaning 'loan' or 'trust'.
مثال
- The exporter requested a commercial letter of credit to ensure payment.
- The buyer provided a commercial letter of credit as proof of financial capability.
- The seller relied on the commercial letter of credit to receive payment.
ترکیبهای رایج
Commercial letter of credit Irrevocable commercial letter of credit Confirmed commercial letter of credit
تعریف انگلیسی
noun
- a letter of credit given to a business concern for commercial purposes