What is CIRCULAR LETTER OF CREDIT? Definition of CIRCULAR LETTER OF CREDIT in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
A letter authorizing one person to pay money or extend credit to another on the credit of the writer. Pines v. United States, C.C.A.Iowa, 123 F.2d 825, 828.
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That's the definition of CIRCULAR LETTER OF CREDIT in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
