Search Elements:
- Taxonomy
- us-gaap
- Name
- LetterOfCreditMember
- Label
- Letter of Credit [Member]
- Period Type
- duration
- Type
- dtr-types:domainItemType
- Definition
- A document typically issued by a financial institution which acts as a guarantee of payment to a beneficiary, or as the source of payment for a specific transaction (for example, wiring funds to a foreign exporter if and when specified merchandise is accepted pursuant to the terms of the letter of credit).
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