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Credit Terms |
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Credit TermsThe conditions under which credit will be extended to a customer. The components of credit terms are: cash discount, credit period, net period.Credit Terms Similar MatchesStandby letter of creditStandby letter of creditAgreement to guarantee invoice payments to a supplier; a standby LOC promises to pay the seller if the buyer fails to pay. Credit bureauCredit bureauAn agency that researches the credit history of consumers so that creditors can make decisions about granting of loans. Line of creditLine of creditAn informal loan arrangement between a bank and a customer allowing the customer to borrow up to a prespecified amount. Bank Letter of Credit PolicyBank Letter of Credit PolicyStandards allowing banks to confirm letters of credit by foreign banks supporting the purchase of US exports. Credit cardCredit cardAny card, plate or coupon book that may be used repeatedly to borrow money or buy goods and services on credit. Further SuggestionsCredit balancesecured creditor Foreign Credit Insurance Association (FCIA) Revolving credit agreement Consumer Credit Protection Act of 1968 Credit history Commodity Credit Corporation bank giro credit credit note Transferable letter of credit credit control Consumer credit Creditor Credit rating Usance Letter of Credit Eurocredits Revolving line of credit Credit insurance Eurocredit market Export credit insurance Financial institution buyer credit policy Commercial letters of credit Equity Line Of Credit Nonaccredited investor Close end credit |
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