| 单词 | DIRECT PAY LETTER OF CREDIT |
| 释义 | A LETTER OF CREDIT facility where a BANK automatically pays the BENEFICIARY an agreed amount and then seeks repayment from the underlying customer that has drawn the letter of credit; the beneficiary thus never faces the customer |
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法律词典收录了41026条英汉双解法律词条，基本涵盖了常用法律英语单词及短语词组的翻译及用法，是法律学习的有利工具。