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time letter of credit

Noun CEFR C2

Definitions

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

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
See all C2 English words →

See also

time limit time loan time lock time loop time machine time management

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