stand-by letter of credit

• 备用信用证

stand-by letter of credit的用法和样例：

例句

1. The Standby Letter of Credit was created by American bankers for purpose of evading the prohibitive law that banks should not provide guaranties for others.
   美国的银行界为了规避法律不允许银行为第三人提供担保的规定而创设了备用信用证。