Loose credit


 

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Loose credit

Policy by the Federal Reserve Board to make loans less expensive and more available by reducing interest rates through open market operations.



Loose credit

Similar Matches

Unconfirmed Letter of Credit

Unconfirmed Letter of Credit

A 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.


Credit

Credit

Money loaned.


Credit reference agency

Credit reference agency

An 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 analysis

Credit analysis

Evaluating 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 credit

Pension credit

A 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 Suggestions

Commodity Credit Corporation
creditor days
Bank Letter of Credit Policy
creditors
credit union
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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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