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traveler's letter of credit

Definitions of traveler's letter of credit
  1. noun
    a letter of credit given to a traveler
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    types:
    banker's check, traveler's check, traveller's check
    a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer
    type of:
    letter of credit
    a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit
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