time letter of creditglossary / time letter of credit A letter of credit that is duly honored by the issuer accepting drafts drawn under it. — Also termed acceptance credit; usance credit. 词条贡献者 法律翻译Gwen,毕业于新加坡知名法学院,专注翻译各类与劳工、雇佣及移民有关的法律文件。