All 7 Uses of
letter of credit
in
The Count of Monte Cristo
- "He is worn out," said Debray; "besides, he could not well appear in public, since he has been the dupe of the Cavalcanti, who, it appears, presented themselves to him with false letters of credit, and cheated him out of 100,000 francs upon the hypothesis of this principality."†
Chpt 109-110
- It was thus worded:— My Dear Fellow,—The moment you have received this, have the kindness to take the letter of credit from my pocket-book, which you will find in the square drawer of the secretary; add your own to it, if it be not sufficient.†
Chpt 37-38
- He hastened to open the secretary, and found the pocket-book in the drawer, and in it the letter of credit.†
Chpt 37-38 *
- As to Franz, he had no letter of credit, as he lived at Florence, and had only come to Rome to pass seven or eight days; he had brought but a hundred louis, and of these he had not more than fifty left.†
Chpt 37-38
- However, it does not signify; he has a letter of credit on me, so I must see him when he requires his money.†
Chpt 45-46
- Now, sir, you have but to say the word, and I will spare you all uneasiness by presenting my letter of credit to one or other of these two firms.†
Chpt 45-46
- They were untouched; the hundred louis he had reserved for his journey from Rome to Venice were in his trousers pocket, and in that of his great-coat he found the little note-case containing his letter of credit for 5,050,000 francs.†
Chpt 115-116
Definition:
a document that substitutes a bank's credit for that of the bank's customer subject only to the terms set forth in the letter and submission of proper documentation