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单词 documentary credit
释义 documentary credit

documentary credit noun [U,C] (abbr DC) (also documentary letter of credit [C])

(Trade )

a letter of credit in which a bank promises to pay an exporter for goods when documents are provided that prove the goods have been sent:

The contract requires us to open a documentary credit in favour of the exporter.

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更新时间:2024/9/21 11:00:41