The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Legal Dictionary
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- X
- Y
- Z
Legal Information
Editorial

Menu

Legal Dictionary
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- X
- Y
- Z
Legal Information
Editorial

Legal Dictionary
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- X
- Y
- Z
Legal Information
Beyond the Law

Menu

Legal Dictionary
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- X
- Y
- Z
Legal Information
Beyond the Law

USANCE LETTER OF CREDIT (L/C)

Definition and Citations:

Alternate term for deferred payment L/C.

Produced with AI assistance. Reviewed by the The Law Dictionary editorial team before publication. See our editorial policy and about page.

About this article

This article is for general information only and is not financial, legal, or tax advice. Laws and regulations vary by jurisdiction. For your specific situation, consult a qualified professional. Editorial policy →

Latest Articles

What is an LLC? FAQs and Answers for LLC Formation
Tailor Brands: Legal Services Review
ZenBusiness vs. LegalZoom: Comparison
How Much Does It Cost To Form an LLC?
How to Create an LLC Operating Agreement

Browse Areas of Law

Bankruptcy Law Beyond the Law Business Formation Business Law Child Custody/ Support Constitutional Law Contracts Criminal Law

Divorce Employment & Labor Law Estate Planning Family Law Finance Finance Dictionary Immigration Law Landlord-Tenant Law

Law & Mind Legal News Legal System and Process Motor Vehicle Accidents Personal Injury Law Real Estate Law Tax Law Traffic Violations

About Us

Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.

About The Law Dictionary Terms and Conditions Privacy Policy

Copyright © 2026 The Law Dictionary. All rights reserved.