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.

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词条贡献者

法律翻译Lester，毕业于英国一流的高级翻译学院，专注翻译各类与消费者与零售产品有关的法律文件。