|
|
Full faith and credit |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Full faith and creditEffectively a guarantee of payment of interest and repayment of principal of a bond issued by a government authority.Similar MatchesCredit clearingCredit clearingA system for the distribution of bank giro credits and other credits between banks to enable funds to be transferred into specified accounts. Credit riskCredit riskThe risk that an issuer of debt securities or a borrower may default on its obligations, or that the payment may not be made on a negotiable instrument. Related: Default risk. Export creditExport creditA loan to the buyer of an export, extended by the exporting firm when shipping the good prior to payment, or by a facility of the exporting country's government. In the latter case, by setting a low interest rate on such loans, a country can indirectly subsidize exports. 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. Revolving credit agreementRevolving credit agreementA legal commitment in which a bank promises to lend a customer up to a specified maximum amount during a specified period. Further Suggestionspension creditEurocredits Credit averse unified tax credit Commercial letters of credit Federal Farm Credit Bank Earned income credit Nonaccredited investor Credit period credit control Time Letter of Credit Creditor Federal Intermediate Credit Bank Credit Rating Agencies credit rating credit union Credit Eurocredit market Credit Federal credit agencies Domestic credit National Credit Union Administration Creditworthiness Purpose credit bank giro credit |
|
|
|