VariousWords beta

Look up related words, definitions and more.

(examples: cat , ball , various , more... or by topic )
Results for:

Letter of credit

Related Terms:

Definitions:

Noun

letter of credit

Definition: a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit

Definition: 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.

We hope you enjoyed looking up some related words and definitions. We use various open machine learning and human sources to provide a more coherent reference that pure AI can provide. Although there are similar sites out there, they are filled with nonsense and gibberish due to their pure machine learning approach. Our dataset is in part derived from ConceptNet and WordNet with our own sprinkle of magic. We're always working on improving the data and adding more sources. Thanks for checking us out!