#letter_of_credit 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
supertype: #document.communication #credit
subtype: #commercial_letter_of_credit a letter of credit given to a business concern for commercial purposes
subtype: #traveler's_letter_of_credit__traveller's_letter_of_credit a letter of credit given to a traveler
subtype: #traveler's_check__traveller's_check__traveller'scheck__banker's_check a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer
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