letter of credit
US /ˈlet.ər əv ˈkred.ɪt/
UK /ˈlet.ər əv ˈkred.ɪt/

名词
1.
信用证
a letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase.
示例:
•
The importer secured a letter of credit from their bank to ensure payment to the overseas supplier.
进口商从银行获得了信用证,以确保向海外供应商付款。
•
International trade often relies on letters of credit to mitigate payment risks.
国际贸易通常依赖信用证来降低支付风险。
在 Lingoland 学习这个单词