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| D/C (Documentary Credit mike63); documentary letter of credit | |||
| commercial letter of credit (CLC raf) | |||
| documentary credit; documentary acceptance credit | |||
| clean credit; commercial credit; commercial letter of credit; DLC (Tverskaya) | |||
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| documentary letter of credit (documentary letter of credit Used somewhat like cashier's checks,but with more safeguards.The typical documentary letter of credit will allow payment to a vendor upon the vendor's presentation of the letter and certain documents, such as proof the goods were placed on board a vessel for shipment to the United States. The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 Alexander Demidov) | |||
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