irrevocable letter of credit

a letter, that cannot be undone, issued by a bank authorising the bearer to draw a stated amount of money from the issuing bank, its branches, or other associated banks or agencies (Inv)

In other languages:

• ittra ta' kreditu irrevokabbli [MT] - ittra, li ma' tistax tiġi kkanċellata, maħruġa minn bank li jawtorizza lil minn ikollu d-dokument li jiġbed ammont ta' flus stabilit mil-bank tal-ħruġ, uffiċċji tiegħu, jew banek assoċjati jew aġenziji
• lettera di credito irrevocabile [IT]