A letter of credit, also known as a documentary credit or bankers commercial credit, or letter of undertaking, is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods.

What does the LC stand for?

l/c or lc. abbreviation for. letter of credit.

What does LC mean on insta?

L&C is short for likes and comments and is widely used on Instagram.