clean letter of credit

A letter of credit that is payable on its presentation.

• No document needs to be presented along with it.

— Also termed suicide letter of credit. Cf. documentary letter of credit.


专业法律词汇 词条贡献者
译者圣强,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,擅长翻译各种与房地产交易及建筑纠纷相关的法律文件。
Scroll to Top