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词汇 paper credit
释义

Definition of paper credit in English:

paper credit

noun ˈpeɪpəˌkrɛdɪt

  • 1Credit in the form of promissory notes, payment orders, cheques, etc. [Sometimes derogatory, with the suggestion that such credit may often be unsecured.]

  • 2As a count noun: a letter of credit, a cheque, etc., especially one intended to be transferred within the banking system without being redeemed.

Origin

Late 17th century. From paper + credit. Compare paper money.

Definition of paper credit in US English:

paper credit

nounˈpeɪpəˌkrɛdɪt

  • 1Credit in the form of promissory notes, payment orders, cheques, etc. [Sometimes derogatory, with the suggestion that such credit may often be unsecured.]

  • 2As a count noun: a letter of credit, a cheque, etc., especially one intended to be transferred within the banking system without being redeemed.

Origin

Late 17th century. From paper + credit. Compare paper money.
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