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Letter Of Credit 🔊 Meaning in Urdu

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Letter Of Credit in Detail

1. بنک کی طرف سے بھیجا ہوا خط Bank Ki Taraf Se Bheja Huwa Khat : Letter Of Credit : (noun) 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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Useful Words


Bank Banking Company Banking Concern Depository Financial Institution : بینک Bank : a financial institution that accepts deposits and channels the money into lending activities. "What time do banks open?"

Credit Recognition : سہرا Shera : approval. "Give her recognition for trying"

Client Customer : گاہک Gahak : someone who pays for goods or services.

Document Papers Written Document : تحریر دستاویز Threer Dastaviz : writing that provides information (especially information of an official nature).

Draft Outline : خاکہ بنانا Khaka Banana : draw up an outline or sketch for something. "Draft a speech"

Guarantee Warrant Warrantee Warranty : یقین دہانی Yaqeen Dahani : a written assurance that some product or service will be provided or will meet certain specifications.

Payment : ادائیگی Adaigi : a sum of money paid or a claim discharged.

Replacement Substitute : قائم مقام Qaim Muqam : a person or thing that takes or can take the place of another.

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رضائی / لحاف