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Loose credit |
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Loose creditPolicy by the Federal Reserve Board to make loans less expensive and more available by reducing interest rates through open market operations.Loose credit Similar MatchesUnconfirmed Letter of CreditUnconfirmed Letter of CreditA letter of credit which has not been guaranteed or confirmed by any bank other than the bank that opened it. The advising bank merely informs the beneficiary of the letter of credit terms and conditions. CreditCreditMoney loaned. Credit reference agencyCredit reference agencyAn agency which holds information about the credit reliability of consumers and makes the information available at a fee to companies offering credit terms (e.g. credit card companies, mail order companies). Credit analysisCredit analysisEvaluating information on companies and bond issues in order to estimate the ability of the issuer to live up to its future contractual obligations. Related: Default risk. Pension creditPension creditA state benefit due to be introduced in 2003 which is intended to reward people who have saved for their retirement. Pensioners will receive a credit of 60p for each pound derived from a source other than the basic state pension, subject to an overall income limit of £135 per week for a single pensioner and £200 for pensioner couples. Further SuggestionsCommodity Credit Corporationcreditor days Bank Letter of Credit Policy creditors credit union Trade credit Revolving line of credit Financial institution buyer credit policy Credit balance Credit history credit clearing Export credit insurance Line of credit Retail credit Creditor National Credit Union Administration credit Federal Farm Credit Bank Generic credit spread Creditor Close end credit Export Credits Guarantee Department Credit spread Purpose credit Creditor nation |
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