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letter of credit

n.
1.a document issued by a bank that guarantees the payment of a customer's draft

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  • Idiom of the Day

    go through channels or go through the proper channels
    to use the proper procedures to do something (especially in a hierarchy or bureaucracy)
    We must go through the proper channels to get anything done with the city.



    1.
    The settlers decided to build their town at the ________ of two rivers; that settlement became the city of Pittsburgh.

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