L/C meaning: written abbreviation for letter of credit: . Learn more.. L.c. definition: landing craft. . See examples of L.C. used in a sentence.
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A Letter of Credit (LC) is a financial instrument used in international trade to facilitate transactions between parties in different countries. It serves as a guarantee from a buyer's bank to a seller that payment will be made once the terms and conditions of the LC are met. LCs are particularly useful when the buyer and seller are.. L/C definition: written abbreviation for letter of credit: . Learn more.
