| 单词 | letter of comfort |
| 释义 | letter of comfort letter of comfort (also comfort letter) noun [C]
(Finance ) a letter that a company writes to a bank to support a subsidiary company (= a company that it owns) that needs to borrow money: A letter of comfort has been provided by the parent company in order to secure the $100 000 loan. Unlike a guarantee, a letter of comfort is not a contract. |
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