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Bank credit |
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Bank creditThe maximum credit an individual may secure from his/her bank.Similar MatchesSecured creditorSecured creditorA creditor who has a charge over the assets of a debtor in the event of the debtor failing to meet his/her obligations. Credit TermsCredit TermsThe conditions under which credit will be extended to a customer. The components of credit terms are: cash discount, credit period, net period. Syndicated Eurocredit loansSyndicated Eurocredit loansFunding provided by a group (or syndicate) of banks in the Eurocredit market. Credit ratingCredit ratingA rating used by banks, insurance companies, mortgage companies and other financial institutions making loans which they use to judge an individual or company's credit worthiness.Depending on how many points the applicant gets when his/her personal details are run through the rating system, the financial institution will either accept or reject the risk.Financial institutions rely on highly computerised credit rating systems, and co-operate with each other in providing details of bad credit risks. Hence the concept of the 'black list'. Crediting rateCrediting rateThe interest rate offered on an investment type insurance policy. Further SuggestionsBank Letter of Credit PolicyDomestic credit Commodity Credit Corporation Credit card Bank Letter of Credit Policy Federal Farm Credit System Financial institution buyer credit policy unified tax credit Backup Line of Credit Export credit Revocable letter of credit Eurocredit market Letter of credit (LOC) Sight Letter of Credit children's tax credit Open end credit Close end credit Demand line of credit Credit rating Transferable letter of credit Evergreen credit Credit balance Foreign Credit Insurance Association (FCIA) credit control Credit insurance |
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