Glossary
What is Letter of credit?
A bank promise to pay the factory once the shipping documents match the order.
This term in other languages
| Arabic | اعتماد مستندي |
|---|---|
| French | Lettre de crédit |
| Turkish | Akreditif |
Learn it in the lesson
From fibre to customer: the chain of companies that makes one T-shirt
Related terms from the same lesson
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