NOTATION CREDIT

notation credit.A letter of credit specifying that anyone purchasing or paying a draft or demand for payment made under it must note the amount of the draft or demand on the letter. See LETTER OF CREDIT. [Cases: Banks and Banking 191.20. C.J.S. Bills and Notes; Letters of

Credit §§ 342, 346–347, 351, 360–364, 366, 368–371, 375, 380.]

[Blacks Law 8th]