time letter of credit

noun

A letter of credit requiring a payment by the issuer after accepting drafts drawn under it after a period of time.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

noun
  1. businessA letter of credit requiring a payment by the issuer after accepting drafts drawn under it after a period of time.
Cite this entry
APA

time letter of credit. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/time%20letter%20of%20credit

MLA

“time letter of credit.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/time%20letter%20of%20credit. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “time letter of credit,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/time%20letter%20of%20credit.

Source: time letter of credit on Wiktionary, CC BY-SA 4.0.