notation credit

notation credit. A letter of credit specifying that anyone purchasing or paying a draft or demand for payment made under it must note the amount of the draft or demand on the letter. See LETTER OF CREDIT. [Cases: Banks and Banking 191.20. C.J.S. Bills and Notes; Letters of Credit §§ 342, 346–347, 351, 360–364, 366, 368–371, 375, 380.]

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词条贡献者

双语律师Pablo，国际知名法学院法律专业，擅长翻译涉及高端品牌及消费品领域的法律文件。