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1. Moby Thesaurus II by Grady Ward, 1.0 |
CD, IOU, MO, Pastoral Epistle, acceptance, acceptance bill, aerogram, air letter, airgraph, bank acceptance, bank check, bill, bill of draft, bill of exchange, billet-doux, blank check, bull, certificate, certificate of deposit, certified check, chain letter, charge card, charge plate, check, checkbook, cheque, circular note, commercial paper, credit card, credit instrument, credit slip, dead letter, debenture, demand bill, demand draft, deposit slip, dimissorial, dimissory letter, draft, drop letter, due bill, encyclical, exchequer bill, fan letter, form letter, letter of introduction, letters credential, letters of marque, letters of request, letters overt, letters patent, letters rogatory, love letter, money order, monitory, negotiable instrument, newsletter, nixie, note, note of hand, open letter, paper, pastoral letter, poison-pen letter, postal order, promissory note, round robin, sight bill, sight draft, time bill, time draft, trade acceptance, treasury bill, voucher, warrant |
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Dictionary Results for Letter of credit: |
1. WordNet® 3.0 (2006) |
letter of credit
n 1: 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
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2. The Collaborative International Dictionary of English v.0.48 |
Letter \Let"ter\, n. [OE. lettre, F. lettre, OF. letre, fr. L.
littera, litera, a letter; pl., an epistle, a writing,
literature, fr. linere, litum, to besmear, to spread or rub
over; because one of the earliest modes of writing was by
graving the characters upon tablets smeared over or covered
with wax. --Pliny, xiii. 11. See Liniment, and cf.
Literal.]
1. A mark or character used as the representative of a sound,
or of an articulation of the human organs of speech; a
first element of written language.
[1913 Webster]
And a superscription also was written over him in
letters of Greek, and Latin, and Hebrew. --Luke
xxiii. 38.
[1913 Webster]
2. A written or printed communication; a message expressed in
intelligible characters on something adapted to
conveyance, as paper, parchment, etc.; an epistle.
[1913 Webster]
The style of letters ought to be free, easy, and
natural. --Walsh.
[1913 Webster]
3. A writing; an inscription. [Obs.]
[1913 Webster]
None could expound what this letter meant.
--Chaucer.
[1913 Webster]
4. Verbal expression; literal statement or meaning; exact
signification or requirement.
[1913 Webster]
We must observe the letter of the law, without doing
violence to the reason of the law and the intention
of the lawgiver. --Jer. Taylor.
[1913 Webster]
I broke the letter of it to keep the sense.
--Tennyson.
[1913 Webster]
5. (Print.) A single type; type, collectively; a style of
type.
[1913 Webster]
Under these buildings . . . was the king's printing
house, and that famous letter so much esteemed.
--Evelyn.
[1913 Webster]
6. pl. Learning; erudition; as, a man of letters.
[1913 Webster]
7. pl. A letter; an epistle. [Obs.] --Chaucer.
[1913 Webster]
8. (Teleg.) A telegram longer than an ordinary message sent
at rates lower than the standard message rate in
consideration of its being sent and delivered subject to
priority in service of regular messages. Such telegrams
are called by the Western Union Company day letters, or
night letters according to the time of sending, and by
The Postal Telegraph Company day lettergrams, or night
lettergrams.
[Webster 1913 Suppl.]
Dead letter, Drop letter, etc. See under Dead, Drop,
etc.
Letter book, a book in which copies of letters are kept.
Letter box, a box for the reception of letters to be mailed
or delivered.
Letter carrier, a person who carries letters; a postman;
specif., an officer of the post office who carries letters
to the persons to whom they are addressed, and collects
letters to be mailed.
Letter cutter, one who engraves letters or letter punches.
Letter lock, a lock that can not be opened when fastened,
unless certain movable lettered rings or disks forming a
part of it are in such a position (indicated by a
particular combination of the letters) as to permit the
bolt to be withdrawn.
[1913 Webster]
A strange lock that opens with AMEN. --Beau. & Fl.
Letter paper, paper for writing letters on; especially, a
size of paper intermediate between note paper and
foolscap. See Paper.
Letter punch, a steel punch with a letter engraved on the
end, used in making the matrices for type.
Letters of administration (Law), the instrument by which an
administrator or administratrix is authorized to
administer the goods and estate of a deceased person.
Letter of attorney, Letter of credit, etc. See under
Attorney, Credit, etc.
Letter of license, a paper by which creditors extend a
debtor's time for paying his debts.
Letters close or Letters clause (Eng. Law.), letters or
writs directed to particular persons for particular
purposes, and hence closed or sealed on the outside; --
distinguished from letters patent. --Burrill.
Letters of orders (Eccl.), a document duly signed and
sealed, by which a bishop makes it known that he has
regularly ordained a certain person as priest, deacon,
etc.
Letters patent, Letters overt, or Letters open (Eng.
Law), a writing executed and sealed, by which power and
authority are granted to a person to do some act, or enjoy
some right; as, letters patent under the seal of England.
The common commercial patent is a derivative form of
such a right.
Letter-sheet envelope, a stamped sheet of letter paper
issued by the government, prepared to be folded and sealed
for transmission by mail without an envelope.
Letters testamentary (Law), an instrument granted by the
proper officer to an executor after probate of a will,
authorizing him to act as executor.
Letter writer.
(a) One who writes letters.
(b) A machine for copying letters.
(c) A book giving directions and forms for the writing of
letters.
[1913 Webster]
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3. The Collaborative International Dictionary of English v.0.48 |
Credit \Cred"it\ (kr[e^]d"[i^]t), n. [F. cr['e]dit (cf. It.
credito), L. creditum loan, prop. neut. of creditus, p. p. of
credere to trust, loan, believe. See Creed.]
1. Reliance on the truth of something said or done; belief;
faith; trust; confidence.
[1913 Webster]
When Jonathan and the people heard these words they
gave no credit unto them, nor received them. --1
Macc. x. 46.
[1913 Webster]
2. Reputation derived from the confidence of others; esteem;
honor; good name; estimation.
[1913 Webster]
John Gilpin was a citizen
Of credit and renown. --Cowper.
[1913 Webster]
3. A ground of, or title to, belief or confidence; authority
derived from character or reputation.
[1913 Webster]
The things which we properly believe, be only such
as are received on the credit of divine testimony.
--Hooker.
[1913 Webster]
4. That which tends to procure, or add to, reputation or
esteem; an honor.
[1913 Webster]
I published, because I was told I might please such
as it was a credit to please. --Pope.
[1913 Webster]
5. Influence derived from the good opinion, confidence, or
favor of others; interest.
[1913 Webster]
Having credit enough with his master to provide for
his own interest. --Clarendon.
[1913 Webster]
6. (Com.) Trust given or received; expectation of future
playment for property transferred, or of fulfillment or
promises given; mercantile reputation entitling one to be
trusted; -- applied to individuals, corporations,
communities, or nations; as, to buy goods on credit.
[1913 Webster]
Credit is nothing but the expectation of money,
within some limited time. --Locke.
[1913 Webster]
7. The time given for payment for lands or goods sold on
trust; as, a long credit or a short credit.
[1913 Webster]
8. (Bookkeeping) The side of an account on which are entered
all items reckoned as values received from the party or
the category named at the head of the account; also, any
one, or the sum, of these items; -- the opposite of
debit; as, this sum is carried to one's credit, and that
to his debit; A has several credits on the books of B.
[1913 Webster]
Bank credit, or Cash credit. See under Cash.
Bill of credit. See under Bill.
Letter of credit, a letter or notification addressed by a
banker to his correspondent, informing him that the person
named therein is entitled to draw a certain sum of money;
when addressed to several different correspondents, or
when the money can be drawn in fractional sums in several
different places, it is called a circular letter of
credit.
Public credit.
(a) The reputation of, or general confidence in, the
ability or readiness of a government to fulfill its
pecuniary engagements.
(b) The ability and fidelity of merchants or others who
owe largely in a community.
[1913 Webster]
He touched the dead corpse of Public Credit, and
it sprung upon its feet. --D. Webster.
[1913 Webster]
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4. Bouvier's Law Dictionary, Revised 6th Ed (1856) |
LETTER OF CREDIT, contracts. An open or sealed letter, from a merchant in
one place, directed to another, in another place or country, requiring him
that if a person therein named, or the bearer of the letter, shall have
occasion to buy commodities, or to want money to any particular or unlimited
amount, either to procure the same, or to pass his promise, bill, or other
engagement for it, the writer of the letter undertaking to provide him the
money for the goods, or to repay him by exchange, or to give him such
satisfaction as he shall require, either for himself or the bearer of the
letter. 3 Chit Com. Law, 336; and see 4 Chit. Com. Law, 259, for a form of
such letter.
2. These letters are either general or special; the former is directed
to the writer's friends or correspondents generally, where the bearer of the
letter may happen to go; the latter is directed to some particular person.
When the letter is presented to the person to whom it is addressed, he
either agrees to comply with the request, in which case he immediately
becomes bound to fulfill all the engagements therein mentioned; or he
refuses in which case the bearer should return it to the giver without any
other proceeding, unless, indeed, the merchant to whom the letter is
directed is a debtor of the merchant who gave the letter, in which case he
should procure the letter to be protested. 3 Chit. Com. Law, 337; Mal., 76;
1 Beawes. 607; Hall's Adm. Pr. 14; 4 Ohio R. 197; 1 Wilc. R. 510.
3. The debt which arises on such letter, in its simplest form, when
complied with, is between the mandator and the mandant; though it may be so
conceived as to raise a debt also against the person who is supplied by the
mandatory. 1. When the letter is purchased with money by the person wishing
for the foreign credit; or, is granted in consequence of a check on his cash
account, or procured on the credit of securities lodged with the person who
granted it; or in payment of money due by him to the payee; the letter is,
in its effects, similar to a bill of exchange drawn on the foreign merchant.
The payment of the money by the person on whom the letter is granted raises
a debt, or goes into account between him and the writer of the letter; but
raises no debt to the person who pays on the letter, against him to whom the
money is paid. 2. When not so purchased, but truly an accommodation, and
meant to raise a debt on the person accommodated, the engagement, generally
is, to see paid any advances made to him, or to guaranty any draft accepted
or bill discounted and the compliance with the mandate, in such case, raises
a debt, both against the writer of the letter, and against the person
accredited. 1 Bell's Com. 371, 6th ed. The bearer of the letter of credit is
not considered bound to receive the money; he may use the letter as he
pleases, and he contracts an obligation only by receiving the money. Poth.
Contr. de Change, 237.
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Common Misspellings > |
Letter of credit eLetter of credit eLtter of credit LeLtter of credit etter of credit LLetter of credit Lteter of credit Leteter of credit Ltter of credit Leetter of credit Lettter of credit Leter of credit Lettter of credit Letetr of credit Lettetr of credit Leter of credit Lettter of credit Lettre of credit Lettere of credit Lettr of credit Letteer of credit Lette rof credit Letter rof credit Lette of credit Letterr of credit Lettero f credit Letter o f credit Letterof credit Letter of credit Letter fo credit Letter ofo credit Letter f credit Letter oof credit Letter o fcredit Letter of fcredit Letter o credit Letter off credit Letter ofc redit Letter of c redit Letter ofcredit Letter of credit Letter of rcedit Letter of crcedit Letter of redit Letter of ccredit Letter of cerdit Letter of crerdit Letter of cedit Letter of crredit Letter of crdeit Letter of credeit Letter of crdit Letter of creedit Letter of creidt Letter of credidt Letter of creit Letter of creddit Letter of credti Letter of crediti Letter of credt Letter of crediit Letter of credtit Letter of credi Letter of creditt ietter of credit lietter of credit iletter of credit oetter of credit loetter of credit oletter of credit petter of credit lpetter of credit pletter of credit ketter of credit lketter of credit kletter of credit ,etter of credit l,etter of credit ,letter of credit .etter of credit l.etter of credit .letter of credit L3tter of credit Le3tter of credit L3etter of credit L#tter of credit Le#tter of credit L#etter of credit L4tter of credit Le4tter of credit L4etter of credit Lwtter of credit Lewtter of credit Lwetter of credit Lrtter of credit Lertter of credit Lretter of credit Lstter of credit Lestter of credit Lsetter of credit Ldtter of credit Ledtter of credit Ldetter of credit Lftter of credit Leftter of credit Lfetter of credit Latter of credit Litter of credit Lotter of credit Lutter of credit Le55er of credit Let55er of credit Le55ter of credit Le%%er of credit Let%%er of credit Le%%ter of credit Le66er of credit Let66er of credit Le66ter of credit Lerrer of credit Letrrer of credit Lerrter of credit Leyyer of credit Letyyer of credit Leyyter of credit Leffer of credit Letffer of credit Leffter of credit Legger of credit Letgger of credit Leggter of credit Lehher of credit Lethher of credit Lehhter of credit Lett3r of credit Lette3r of credit Lett3er of credit Lett#r of credit Lette#r of credit Lett#er of credit Lett4r of credit Lette4r of credit Lett4er of credit Lettwr of credit Lettewr of credit Lettwer of credit Lettrr of credit Letterr of credit Lettrer of credit Lettsr of credit Lettesr of credit Lettser of credit Lettdr of credit Lettedr of credit Lettder of credit Lettfr of credit Lettefr of credit Lettfer of credit Lettar of credit Lettir of credit Lettor of credit Lettur of credit Lette4 of credit Letter4 of credit Lette4r of credit Lette$ of credit Letter$ of credit Lette$r of credit Lette5 of credit Letter5 of credit Lette5r of credit Lettee of credit Lettere of credit Letteer of credit Lettet of credit Lettert of credit Lettetr of credit Letted of credit Letterd of credit Lettedr of credit Lettef of credit Letterf of credit Lettefr of credit Letteg of credit Letterg of credit Lettegr of credit Letter 9f credit Letter o9f credit Letter 9of credit Letter (f credit Letter o(f credit Letter (of credit Letter 0f credit Letter o0f credit Letter 0of credit Letter if credit Letter oif credit Letter iof credit Letter pf credit Letter opf credit Letter pof credit Letter kf credit Letter okf credit Letter kof credit Letter lf credit Letter olf credit Letter lof credit Letter af credit Letter ef credit Letter uf credit Letter oe credit Letter ofe credit Letter oef credit Letter or credit Letter ofr credit Letter orf credit Letter ot credit Letter oft credit Letter otf credit Letter od credit Letter ofd credit Letter odf credit Letter og credit Letter ofg credit Letter ogf credit Letter oc credit Letter ofc credit Letter ocf credit Letter ov credit Letter ofv credit Letter ovf credit Letter ob credit Letter ofb credit Letter obf credit Letter o credit Letter of credit Letter o f credit Letter of sredit Letter of csredit Letter of scredit Letter of dredit Letter of cdredit Letter of dcredit Letter of fredit Letter of cfredit Letter of fcredit Letter of xredit Letter of cxredit Letter of xcredit Letter of vredit Letter of cvredit Letter of vcredit Letter of redit Letter of c redit Letter of credit Letter of c4edit Letter of cr4edit Letter of c4redit Letter of c$edit Letter of cr$edit Letter of c$redit Letter of c5edit Letter of cr5edit Letter of c5redit Letter of ceedit Letter of creedit Letter of ceredit Letter of ctedit Letter of crtedit Letter of ctredit Letter of cdedit Letter of crdedit Letter of cdredit Letter of cfedit Letter of crfedit Letter of cfredit Letter of cgedit Letter of crgedit Letter of cgredit Letter of cr3dit Letter of cre3dit Letter of cr3edit Letter of cr#dit Letter of cre#dit Letter of cr#edit Letter of cr4dit Letter of cre4dit Letter of cr4edit Letter of crwdit Letter of crewdit Letter of crwedit Letter of crrdit Letter of crerdit Letter of crredit Letter of crsdit Letter of cresdit Letter of crsedit Letter of crddit Letter of creddit Letter of crdedit Letter of crfdit Letter of crefdit Letter of crfedit Letter of cradit Letter of cridit Letter of crodit Letter of crudit Letter of crewit Letter of credwit Letter of crewdit Letter of creeit Letter of credeit Letter of creedit Letter of crerit Letter of credrit Letter of crerdit Letter of cresit Letter of credsit Letter of cresdit Letter of crefit Letter of credfit Letter of crefdit Letter of crexit Letter of credxit Letter of crexdit Letter of crecit Letter of credcit Letter of crecdit Letter of crevit Letter of credvit Letter of crevdit Letter of cre it Letter of cred it Letter of cre dit Letter of cred8t Letter of credi8t Letter of cred8it Letter of cred*t Letter of credi*t Letter of cred*it Letter of cred9t Letter of credi9t Letter of cred9it Letter of credut Letter of crediut Letter of creduit Letter of credot Letter of crediot Letter of credoit Letter of credjt Letter of credijt Letter of credjit Letter of credkt Letter of credikt Letter of credkit Letter of credlt Letter of credilt Letter of credlit Letter of credat Letter of credet Letter of credi5 Letter of credit5 Letter of credi5t Letter of credi% Letter of credit% Letter of credi%t Letter of credi6 Letter of credit6 Letter of credi6t Letter of credir Letter of creditr Letter of credirt Letter of crediy Letter of credity Letter of crediyt Letter of credif Letter of creditf Letter of credift Letter of credig Letter of creditg Letter of credigt Letter of credih Letter of credith Letter of crediht Definition commonly spelled as: Defanition or Defenition, Synonym as: Synonim, Sinonym or Sinonim, Thesaurus as: Thesorus or Thesauris, Dictionary as: Dictionery or Dictionry and Define is usually not misspelled. What does mispell meen? It Meens...
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