Bank credit

 

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Bank credit

The maximum credit an individual may secure from his/her bank.



Similar Matches

Creditor nation

Creditor nation

A country whose assets owned abroad are worth more than the assets within the country that are owned by foreigners. Contrasts with debtor nation.


Credit note

Credit note

A note, issued to a person or company when goods are returned by them, which cancels the original invoice. If the invoice has been settled before the goods are returned the credit note will then entitle the holder to alternative goods (or sometimes cash) to the original value.


Bank giro credit

Bank giro credit

A system operated by the clearing banks in which a paper slip/document instructs a bank branch to credit a sum of money to a specified account at that branch.


Demand line of credit

Demand line of credit

A bank line of credit that enables a customer to borrow on a daily or on-demand basis.


Revolving line of credit

Revolving line of credit

A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years.


Further Suggestions

Credit
Credit averse
Domestic credit
Loose credit
credit rating
Unified tax credit
Commercial letters of credit
Federal credit agencies
Open end credit
Standby letter of credit
Federal Farm Credit System
children's tax credit
Tax credit
Credit
Credit period
Eurocredits
Federal Intermediate Credit Bank
Syndicated Eurocredit loans
Export credit
Bank Letter of Credit Policy
Federal Farm Credit Bank
Usance Letter of Credit
credit control
Line of credit
Commodity Credit Corporation


 
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