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Credit period |
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Credit periodThe time frame for which the lender agrees to provide you with credit.Credit period Similar MatchesCredit spreadCredit spreadApplies 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. Transferable letter of creditTransferable letter of creditDocument that allows the first beneficiary on a standby bank assurance of funds to transfer all or part of the original letter of credit to a third party. 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. Accredited investorAccredited investorRefers to an individual whose net worth, or joint net worth with a spouse, exceeds $1,000,000; or whose individual income exceeded $200,000 or whose joint income with a spouse exceeded $300,000 in each of the 2 most recent years and can be expected to meet that income in the current year. More details of the definitions for investors other that individuals are found in Regulation D of the Securities and Exchange Commission. CreditCreditIn the trading terms between companies, credit is the value of goods which one company will supply to another before payment is necessary. So a supplier might extend credit of £10,000 to Company B and allow 60 days from the contract date before payment is due. If Company B orders goods worth £15,000, Company A would request payment of £5,000 to bring the account with the credit terms, even if the 60 days are not yet up. Further SuggestionsStandby letter of creditpension credit Credit union Confirmed Letter of Credit National Credit Union Administration National Foundation for Consumer Credit Creditor Trade credit Foreign Credit Insurance Association (FCIA) Financial institution buyer credit policy Eurocredits Credit balance Foreign tax credit Time Letter of Credit credit clearing Credit quality secured creditor Nonaccredited investor Trade credit creditors Credit history Federal Intermediate Credit Bank Tax credit Equity Line Of Credit Evergreen credit |
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