LETTER OF CREDIT (L.O.C.)

Meaning of LETTER OF CREDIT (L.O.C.) in English

A form of guarantee of payment issued by a bank used to guarantee the payment of interest and repayment of principal on bond issues.

Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012

CREDIT — I Transaction between two parties in which one (the creditor or lender) supplies money, goods, services, or securities in return …
Английский словарь Британика
O — I. ˈō noun ( plural o's or os ˈōz) Usage: often capitalized, often attributive 1. a. : the 15th letter …
Webster's New International English Dictionary
LETTER — I. ˈled.ə(r), -etə- noun ( -s ) Usage: often attributive Etymology: Middle English lettre, letter, from Old French lettre, from …
Webster's New International English Dictionary
L — I. ˈel noun ( plural l's or ls ) Usage: often capitalized, often attributive 1. a. : the 12th letter …
Webster's New International English Dictionary
CREDIT — I. ˈkredə̇t, usu -ə̇d.+V noun ( -s ) Etymology: Middle French, reputation, commercial credit, from Old Italian credito, from Latin …
Webster's New International English Dictionary
C
Webster's New International English Dictionary
-O — I. (ˌ)ō noun suffix ( -s ) Etymology: perhaps from oh (I) : one that is or that constitutes or …
Webster's New International English Dictionary
O' — preposition also o ə Etymology: in sense 1 from Middle English o, o-, alteration of on; in sense 2 from …
Webster's New International English Dictionary
L — (a.) Having the general shape of the (capital) letter L; as, an L beam, or L-beam.
Английский словарь Webster
C — () C is the third letter of the English alphabet. It is from the Latin letter C, which in old …
Английский словарь Webster
C — C is the third letter of the English alphabet. It is from the Latin letter C, which in old Latin …
Webster's Revised Unabridged English Dictionary
O — /oh/ , interj., n., pl. O's . interj. 1. (used before a name in direct address, esp. in solemn or …
Random House Webster's Unabridged English Dictionary
L — /el/ , n. , pl. L's or Ls . Informal. an elevated railroad. /el/ , n. , pl. L's or …
Random House Webster's Unabridged English Dictionary
CREDIT — — creditless , adj. /kred"it/ , n. 1. commendation or honor given for some action, quality, etc.: Give credit where …
Random House Webster's Unabridged English Dictionary
C — 1. cocaine. 2. Gram. complement. 3. consonant. 4. coulomb. 5. county (used with a number to designate a county road): …
Random House Webster's Unabridged English Dictionary
O — I. ˈō noun ( plural o's or os ˈōz) Usage: often capitalized, often attributive Date: before 12th century 1. a. …
Merriam-Webster's Collegiate English vocabulary
L — I. ˈel noun ( plural l's or ls ˈelz) Usage: often capitalized, often attributive Date: before 12th century 1. a. …
Merriam-Webster's Collegiate English vocabulary
CREDIT — I. ˈkre-dit noun Etymology: Middle French, from Old Italian credito, from Latin creditum something entrusted to another, loan, from neuter …
Merriam-Webster's Collegiate English vocabulary
O' — also o ə, ō Etymology: Middle English o, o-, contraction of on & of Date: 13th century 1. chiefly dialect …
Merriam-Webster's Collegiate English vocabulary
C — noun ( plural c's or cs ˈsēz) Usage: often capitalized, often attributive 1. a. : the 3d letter of the …
Merriam-Webster's Collegiate English vocabulary
LETTER — noun one who retards or hinders. 2. letter ·noun learning; erudition; as, a man of letters. 3. letter ·noun a …
Webster English vocab
L — add. ·noun an elevated road; as, to ride on the l. 2. l ·- as a numeral, l stands for …
Webster English vocab
CREDIT — vt to bring honor or repute upon; to do credit to; to raise the estimation of. 2. credit ·noun influence …
Webster English vocab
C — as a numeral, c stands for latin centum or 100, cc for 200, ·etc. 2. c ·- the "c clef," …
Webster English vocab
L — ■ abbreviation 1》 left. 2》 (in horse racing) length(s). 3》 ( l. ) line. 4》 Chemistry liquid. 5》 litre(s). 6》 …
Concise Oxford English vocab
O — O 1 (also o ) ■ noun ( plural Os or O's ) 1》 the fifteenth letter of the alphabet. …
Concise Oxford English vocab
L — L 1 (also l ) ■ noun ( plural Ls or L's ) 1》 the twelfth letter of the alphabet. …
Concise Oxford English vocab
C — C 1 (also c ) ■ noun ( plural Cs or C's ) 1》 the third letter of the alphabet. …
Concise Oxford English vocab
L- — [l-] prefix [ISV, fr. lev-] 1: levorotatory "l-tartaric acid" 2: having a similar configuration at a selected carbon atom to …
Merriam-Webster English vocab
L — [l] abbreviation lady, lake, lambert, land, large, late, left, [L libra] pound; line, liquid, lira, lire, liter, little, low L …
Merriam-Webster English vocab
CREDIT — transaction between two parties in which one (the creditor or lender) supplies money, goods, services, or securities in return for …
Britannica English vocabulary
O — I O, o BrE AmE əʊ AmE oʊ ▷ O's, o's, Os əʊz AmE oʊz —Communications code name: Oscar ▶ …
Longman Pronunciation English Dictionary
L — L, l BrE AmE el (= ell) ▷ Ls, l's, L's elz —Communications code name: Lima ˈliːm ə ▶ ˌ …
Longman Pronunciation English Dictionary
C — C, c BrE AmE siː ▷ C's, Cs, c's siːz —Communications code name: Charlie ▶ ˌ C of ˈ E …
Longman Pronunciation English Dictionary
O — / əʊ; NAmE oʊ/ noun , exclamation ■ noun (also o ) ( pl. Os , O's , o's / …
Oxford Advanced Learner's English Dictionary
LETTER — / ˈletə(r); NAmE / noun , verb ■ noun 1. a message that is written down or printed on paper …
Oxford Advanced Learner's English Dictionary
L — / el; NAmE / noun , abbreviation , symbol ■ noun (also l ) [ C , U ] ( …
Oxford Advanced Learner's English Dictionary
CREDIT — / ˈkredɪt; NAmE / noun , verb ■ noun BUY NOW–PAY LATER 1. [ U ] an arrangement that you …
Oxford Advanced Learner's English Dictionary
C — / siː; NAmE / noun , abbreviation , symbol ■ noun (also c ) [ C , U ] ( …
Oxford Advanced Learner's English Dictionary
O — I. O 1 BrE AmE , o /əʊ $ oʊ/ noun ( plural O’s , o’s ) 1 . [uncountable …
Longman Dictionary of Contemporary English
LETTER — I. let ‧ ter 1 S1 W1 /ˈletə $ -ər/ BrE AmE noun [countable] [ Date: 1200-1300 ; Language: Old …
Longman Dictionary of Contemporary English
L — I. L 1 BrE AmE , l /el/ ( plural L’s , l’s ) noun 1 . [uncountable and countable] …
Longman Dictionary of Contemporary English
CREDIT — I. cred ‧ it 1 S2 W2 AC /ˈkredət, ˈkredɪt/ BrE AmE noun [ Date: 1500-1600 ; Language: French ; …
Longman Dictionary of Contemporary English
C — I. C 1 BrE AmE , c /siː/ noun ( plural C’s , c’s ) [uncountable and countable] 1 . …
Longman Dictionary of Contemporary English
C — c ( also c. ) 1 . ( also C ) the written abbreviation of century : the economic changes …
Longman Dictionary of Contemporary English
LETTER — n. & v. --n. 1 a a character representing one or more of the simple or compound sounds used in …
Английский основной разговорный словарь
L — n. (also l) (pl. Ls or L's) 1 the twelfth letter of the alphabet. 2 (as a Roman numeral) 50. …
Английский основной разговорный словарь
CREDIT — n. & v. --n. 1 (usu. of a person) a source of honour, pride, etc. (is a credit to the …
Английский основной разговорный словарь
C — n. (also c) (pl. Cs or C's) 1 the third letter of the alphabet. 2 Mus. the first note of …
Английский основной разговорный словарь
LETTER — n. & v. n. 1 a a character representing one or more of the simple or compound sounds used in …
Concise Oxford English Dictionary
CREDIT — n. & v. n. 1 (usu. of a person) a source of honour, pride, etc. (is a credit to the …
Concise Oxford English Dictionary
L — n. (also l) (pl. Ls or L's) 1 the twelfth letter of the alphabet. 2 (as a Roman numeral) 50. …
Concise Oxford English Dictionary
C — n. (also c) (pl. Cs or C's) 1 the third letter of the alphabet. 2 Mus. the first note of …
Concise Oxford English Dictionary
LETTER — n. & v. --n. 1. a a character representing one or more of the simple or compound sounds used in …
Oxford English vocab
CREDIT — n. & v. --n. 1. (usu. of a person) a source of honour, pride, etc. (is a credit to the …
Oxford English vocab
O — 1. n. (also o) (pl. Os or O's) 1. the fifteenth letter of the alphabet. 2 (0) nought, zero (in …
Oxford English vocab
L — 1. n. (also l) (pl. Ls or L's) 1. the twelfth letter of the alphabet. 2 (as a Roman numeral) …
Oxford English vocab
O’ — O’ is used in written English to represent the word ‘of’ pronounced in a particular way. I lost a lot …
Collins COBUILD Advanced Learner's English Dictionary
LETTER — ( letters, lettering, lettered) Frequency: The word is one of the 700 most common words in English. 1. If you …
Collins COBUILD Advanced Learner's English Dictionary
CREDIT — ( credits, crediting, credited) Frequency: The word is one of the 1500 most common words in English. 1. If you …
Collins COBUILD Advanced Learner's English Dictionary
O — I. noun COLLOCATIONS FROM OTHER ENTRIES at three o'clock/seven thirty etc on the dot (= at exactly 3:00/7:30 etc ) …
Longman DOCE5 Extras English vocabulary
LETTER — I. noun COLLOCATIONS FROM OTHER ENTRIES a correspondence/letters column (= that prints some of the letters a newspaper receives ) …
Longman DOCE5 Extras English vocabulary
L — noun EXAMPLES FROM CORPUS ▪ All organically grown, of course -- and all found at farmers markets throughout the L …
Longman DOCE5 Extras English vocabulary
CREDIT
Longman DOCE5 Extras English vocabulary

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