English-Finnish translations for letter of credit

• remburssi

Definition of letter of credit

• A document, used primarily in trade finance and issued generally by a financial institution, in which the institution promises to pay debts up to a certain limit to be acquired by the beneficiary against delivery of documents specified in the letter

Related words

• letter of offer
• letter of reference
• letter of attorney
• letter of resignation
• letter of credence
• letter of marque
• letter of recommendation
• letter of the law
• letter of intent