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comfort letter

noun
1.
an informal statement assuring the financial soundness or backing of a company.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for comfort letter
  • Accountants are responsible for issuing a comfort letter before the securities go to market.

Word of The Day

Difficulty index for comfort letter

Few English speakers likely know this word

Word Value for comfort

14
16
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