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letter of credit vs traveler's letter of credit

traveler's letter of credit vs letter of credit

letter of credit and traveler's letter of credit both are nouns.

Word NounAdjectiveVerbAdverb
letter of credit Yes No No No
traveler's letter of credit Yes No No No
As nouns, traveler's letter of credit is a hyponym of letter of credit; that is, traveler's letter of credit is a word with a more specific, narrower meaning than letter of credit:
  • letter of credit: a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit
  • traveler's letter of credit: a letter of credit given to a traveler
Other hyponyms of letter of credit include commercial letter of credit, traveller's letter of credit.
letter of credit (noun) traveler's letter of credit (noun)
a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit a letter of credit given to a traveler
Difference between letter of credit and traveler's letter of credit

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