| / English Dictionary |
TRAVELLER'S LETTER OF CREDIT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A letter of credit given to a traveler
Synonyms:
traveler's letter of credit; traveller's letter of credit
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("traveller's letter of credit" is a kind of...):
letter of credit (a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit)
Hyponyms (each of the following is a kind of "traveller's letter of credit"):
banker's check; traveler's check; traveller's check (a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer)
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