Bank giro credit


 

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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.



Similar Matches

Credit bureau

Credit bureau

An agency that researches the credit history of consumers so that creditors can make decisions about granting of loans.


Domestic credit

Domestic credit

Credit extended by a country's central bank to domestic borrowers, including the government and commercial banks. In the United States, the largest component by far is the Fed's holdings of U.S. government bonds, but it also makes some short-term loans to banks to use as their reserves.


Credit spread

Credit spread

Applies to derivative products. Difference in the value of two options, when the value of the one sold exceeds the value of the one bought. One sells a "credit spread." Antithesis of a debit spread Related: Quality spread.


Evergreen credit

Evergreen credit

Revolving credit without maturity.


Credit Terms

Credit Terms

The conditions under which credit will be extended to a customer. The components of credit terms are: cash discount, credit period, net period.


Further Suggestions

Earned income credit
bank credit
creditor days
Export credit insurance
Export Credits Guarantee Department
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Credit history
Open end credit
Federal Farm Credit System
Consumer credit
Letter of credit (LOC)
credit card
creditors
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Federal credit agencies
Credit
Credit linked security
Sight Letter of Credit
Revolving line of credit
Foreign Credit Insurance Association (FCIA)
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Tax credit
Full faith and credit obligations
Bank Letter of Credit Policy
Credit insurance


 
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