Definition, Meaning & Synonyms
lettre-de-change
noun
/ˈlɛtr də ʃɑ̃ʒ/
Definition
A written order used in financial transactions to transfer money from one person to another.
Examples
- He used a lettre-de-change to facilitate his international trade deals.
- The bank issued a lettre-de-change to ensure that the payments would be made securely.
Meaning
A lettre-de-change is essentially a type of bill of exchange that serves as a negotiable instrument and is often used in international trade.
Synonyms
- bill of exchange
- draft
- financial instrument
