Sentences with Letter Of Credit

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3 Example Sentences Showcasing the Meaning of 'Letter Of Credit'

Emily's father used a letter of credit when importing goods for his small business, providing financial security for both parties involved.

The real estate deal was finalized with the issuance of a letter of credit, offering a reliable payment guarantee to the property seller.

The construction project required a letter of credit to ensure the financial commitment of the contractor throughout the development process.

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