LETTER OF CREDIT as NOUN

1. Meaning
   • 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
   Hypernyms(s) letter of credit is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • document (what does document mean?)
   • credit (what does credit mean?)
   Hyponym(s)
   • commercial letter of credit (what does commercial letter of credit mean?)
   • traveler’s letter of credit (what does traveler’s letter of credit mean?)
   • traveller’s letter of credit (what does traveller’s letter of credit mean?)