English-Nepali Dictionary
Letter of Credit (LC)
प्रतीतपत्र (Prateetpatra)
Definition (Noun)
A letter issued by a bank to another bank to serve as a guarantee for payments.
"The importer opened an LC to buy machinery."
"आयातकर्ताले मेसिनरी किन्न प्रतीतपत्र (एलसी) खोले।"
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Frequently Asked Questions
The meaning of Letter of Credit (LC) in Nepali is प्रतीतपत्र. In Romanized Nepali, it is written as Prateetpatra.
As a Noun, the word "Letter of Credit (LC)" is defined as: A letter issued by a bank to another bank to serve as a guarantee for payments..
"प्रतीतपत्र" is known as "Letter of Credit (LC)" in English.
An example of "Letter of Credit (LC)" in a sentence is: "The importer opened an LC to buy machinery."