Credit period


 

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Credit period

The time frame for which the lender agrees to provide you with credit.



Credit period

Similar Matches

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.


Transferable letter of credit

Transferable letter of credit

Document 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 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.


Accredited investor

Accredited investor

Refers 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.


Credit

Credit

In 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 Suggestions

Standby letter of credit
pension 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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