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Meaning of "L/C" in the English dictionary

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DICTIONARY
section

PRONUNCIATION OF L/C

L/C play
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WHAT DOES L/C MEAN IN ENGLISH?

Letter of credit

A letter of credit is a document issued by a financial institution, or a similar party, assuring payment to a seller of goods and/or services provided certain documents have been presented to the bank. These are documents that prove that the seller has performed the duties under an underlying contract and the goods have been supplied as agreed. In return for these documents, the beneficiary receives payment from the financial institution that issued the letter of credit. The letter of credit serves as a guarantee to the seller that it will be paid regardless of whether the buyer ultimately fails to pay. In this way, the risk that the buyer will fail to pay is transferred from the seller to the letter of credit's issuer. The letter of credit can also be used to ensure that all the agreed upon standards and quality of goods are met by the supplier, provided that these requirements are reflected in the documents described in the letter of credit. Letters of credit are used primarily in international trade for transactions between a supplier in one country and a customer in another.

Definition of L/C in the English dictionary

The definition of L/C in the dictionary is letter of credit.

WORDS THAT BEGIN LIKE L/C

L-dopa
L-driver
L-plate
L-shaped
L-shaped curve
L.
L.S.D.
l´Aquila
l´chaim
L´pool
L/Cpl
L/P
L12
L8R
la
la Camargue
La Cumbre
La Fontaine
La Gioconda
La Granja

WORDS THAT END LIKE L/C

P/C

Synonyms and antonyms of L/C in the English dictionary of synonyms

SYNONYMS

Translation of «L/C» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF L/C

Find out the translation of L/C to 25 languages with our English multilingual translator.
The translations of L/C from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «L/C» in English.

Translator English - Chinese

的L / C
1,325 millions of speakers

Translator English - Spanish

L / C
570 millions of speakers

English

L/C
510 millions of speakers

Translator English - Hindi

एल / सी
380 millions of speakers
ar

Translator English - Arabic

L / C
280 millions of speakers

Translator English - Russian

L / C
278 millions of speakers

Translator English - Portuguese

L / C
270 millions of speakers

Translator English - Bengali

এল / সি
260 millions of speakers

Translator English - French

L / C
220 millions of speakers

Translator English - Malay

L / C
190 millions of speakers

Translator English - German

L / C
180 millions of speakers

Translator English - Japanese

L / C
130 millions of speakers

Translator English - Korean

L / C
85 millions of speakers

Translator English - Javanese

L / C
85 millions of speakers
vi

Translator English - Vietnamese

L / C
80 millions of speakers

Translator English - Tamil

எல் / சி
75 millions of speakers

Translator English - Marathi

एल / सी
75 millions of speakers

Translator English - Turkish

L / C
70 millions of speakers

Translator English - Italian

L / C
65 millions of speakers

Translator English - Polish

L / C
50 millions of speakers

Translator English - Ukrainian

L / C
40 millions of speakers

Translator English - Romanian

L / C
30 millions of speakers
el

Translator English - Greek

L / C
15 millions of speakers
af

Translator English - Afrikaans

L / C
14 millions of speakers
sv

Translator English - Swedish

L / C
10 millions of speakers
no

Translator English - Norwegian

L / C
5 millions of speakers

Trends of use of L/C

TRENDS

TENDENCIES OF USE OF THE TERM «L/C»

The term «L/C» is very widely used and occupies the 9.864 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Very widely used
96
/100
The map shown above gives the frequency of use of the term «L/C» in the different countries.
Principal search tendencies and common uses of L/C
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «L/C».

FREQUENCY OF USE OF THE TERM «L/C» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «L/C» during the past 500 years. Its implementation is based on analysing how often the term «L/C» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about L/C

EXAMPLES

10 ENGLISH BOOKS RELATING TO «L/C»

Discover the use of L/C in the following bibliographical selection. Books relating to L/C and brief extracts from same to provide context of its use in English literature.
1
Handbook of International Banking
L/Cs but to a limited extent the first L/C acts as a form of 'security' for the second L/ C in so far as it is a potential source of reimbursement. Under a back-to-back structure the first L/C is issued in favour of an intermediary who is not supplying the ...
A. W. Mullineux, Victor Murinde, 2003
2
German Banking Law and Practice in International Perspective
Another alternative to deal with a situation where the documents presented by the Beneficiary are not in accordance with the terms of the Credit is to submit those documents to the Issuing Bank not under the L/C, but in a separate transaction ...
Norbert Horn, 1999
3
International Financial Management
L/C. The exporter's bank credits the exporter's account. The exporter can get the money even earlier if it discounts the bill under L/C with its bank or when it raises loans on the strength of L/C. Variants of L/C There are many variants of L/C. A ...
Sharan, Vyuptakesh
4
1. Axially-chiral 7-membered N-heterocyclic Carbenes : ...
Table A2-62. Torsion angles [°] for 3-37. C(16)-N(l)-C(4)-N(2) C(5)-N(l)-C(4)-N(2) C(16)-N(l)-C(4)-Pd(l) C(5)-N(l)-C(4)-Pd(l) C(39)-N(2)-C(4)-N(l) C(40)-N(2)-C(4)-N (l) C(39)-N(2)-C(4)-Pd(l) C(40)-N(2)-C(4)-Pd(l) C(l)-Pd(l)-C(4)-N(l) ...
Christopher C. Scarborough, 2008
5
Structural Analysis and Synthetic Progress Towards Small ...
0( 18) C(32)-N(l)-C(l)-C(5) -58.0( 19) C(3)-N(2)-C(2)-0(l) -170.2( 16) C(31)-N(2)- C(2)-0(l) -3(3; N(l)-C(l)-C(2)-0(1) 177.8( 15) C(5)-C(l)-C(2)-0(1) 58(2; C(10)-C(l)- C(2)-O(l) -59(2; C(2)-N(2)-C(3)-S(l) -144.7( 15) C(2)-N(2)-C(3)-C(4) -18(2; ...
Nathan Walter Polaske, 2008
6
Synthesis of Novel Low-valent Early Transition Metal Isocyanides
C(3)-Ti(l)-C(8) 130.55(9) C(42)-Sn(l)-C(54) 98.78(8) C(2)-Ti(l)-C(8) 86.19(8) C(48 )-Sn(l)-C(54) 96.80(8) C(l)-Ti(l)-C(8) 78.42(8) C(42)-Sn(l)-Ti(l) 119.93(6) C(7)-Ti(l) -C(8) 35.20(8) C(48)-Sn(l)-Ti(l) 115.66(6) C(4)-Ti(l)-C(6) 79.49(9) ...
Jessica Marie Allen, 2007
7
List of orchids used in the fertilisation of hybrids which ...
C. Warscewiczii L.-C. Dominiana j L. purpurata \ C. Dowiana crispa tenebrosa xanthina C. dolosa C. Dowiana aurea . . . C. Gaskelliana .... C. granulosa Schofieldiana C. labiata . . . . . C. Loddigesii .... C. Lüddemanniana . . C. velutina C.
Royal Horticultural Society (Great Britain), Royal Horticultural Society, London, 1905
8
Focus on Organometallic Chemistry Research
2b: Bond lengths Bond angles S(l)-P(l) 1.965(2) C(2)-P(l)-S(l) 113.1(2) S(2)-P(2) 1.962(2) C(6)-P(2)-S(2) 111.7(2) P(l)-C(2) 1.825(5) P(2)-C(6) 1.809(5) 4a: Bond lengths Bond angles Pd(l)-Cl(l) 2.381(4) Cl(l)-Pd(l)-S(l) 86.88(13) Pd(l)-S(l) ...
Marin A. Cato, 2005
9
Annals of the Astronomical Observatory of Harvard College
256 L. c. Mar. 20. 111. f и / // 13 46.15 45.96 / и / // 13 41.15 40.86 41.61 40.97 39.87 39.69 13 4o''o3 39.55 40.22 40.64 39.55 39.21 / // 13 40.84 40.24 40.24 f и 4 16.69 15.05 15.94 16.19 / // 13 41.94 41.70 41.80 41.13 49 12''ö2 12.81 12.24 ...
‎1886
10
Proceedings
Verbena urtifolia L., c. Verbena angustifolia Miehx., s. urticifolia riparia Britton, s. hastata L., c. 101. LABIATAE. Agastache nepetoides Kuntze, 1. Monarda clinopodia L., 1. scrophulariaefolia Kuntze, 1. fistulosa L., c. Blephilia hirsuta Torr, c.
Max Morse, Ohio Academy of Science, 1904

REFERENCE
« EDUCALINGO. L/c [online]. Available <https://educalingo.com/en/dic-en/lc>. Apr 2019 ».
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