HomeDefinitionsCompareDebt Revocable letter of creditThe financial definition for Revocable letter of credit:Assurance of funds issued by a bank that can be canceled at any time without prior notification to the beneficiary. Similar MatchesIrrevocable trustIrrevocable trustA trust that is unable to be amended, altered, or revoked. Click to compare definitions of Revocable letter of credit Click to view definitions beginning re |