credit agreement

credit agreement UK US noun [C]
FINANCE, BANKING a formal agreement between someone borrowing money and the bank etc. lending the money: »

Lenders must provide information about the cost of credit before asking you to sign a credit agreement.


Financial and business terms. 2012.

Look at other dictionaries:

  • credit agreement — USA Also known as a loan agreement. The main transaction document for a loan financing between one or more lenders and a borrower. It sets out the: • Terms of the loan. • Borrowing and repayment procedures and the calculation of interest and fees …   Law dictionary

  • Credit Agreement — A legal contract in which a bank arranges to loan a customer a certain amount of money for a specified amount of time. The credit agreement outlines all the rules and regulations associated with the contract. This includes the interest that must… …   Investment dictionary

  • credit agreement — vartojimo kredito sutartis statusas Aprobuotas sritis civilinė teisė ir procesas apibrėžtis Sutartis, pagal kurią vartojimo kredito davėjas suteikia arba įsipareigoja suteikti vartojimo kredito gavėjui vartojimo kreditą atidėto mokėjimo, paskolos …   Lithuanian dictionary (lietuvių žodynas)

  • German–Soviet Credit Agreement (1939) — For other uses, see German–Soviet Commercial Agreement (disambiguation). German–Soviet Credit Agreement Signed August 19, 1939 Location Berlin, Germany Signatories Union of Soviet Socialist Republics …   Wikipedia

  • consumer credit agreement — a consumer credit agreement is an agreement under which credit is extended to an individual. Those agreements that are regulated agreements cover extensions of credit up to a statutory limit. These include credit sales, hire purchase, secured and …   Law dictionary

  • linked credit agreement — susietojo vartojimo kredito sutartis statusas Aprobuotas sritis civilinė teisė ir procesas apibrėžtis Vartojimo kredito sutartis, kai: 1) vartojimo kreditas yra skirtas konkrečių prekių tiekimo ar konkrečių paslaugų teikimo sutarčiai finansuoti… …   Lithuanian dictionary (lietuvių žodynas)

  • regulated consumer credit agreement — /ˌregjυleɪtɪd kənˌsju:mə kredɪt əˌgri:mənt/ verb a credit agreement according to the Consumer Credit Act …   Dictionary of banking and finance

  • Revolving credit agreement — A legal commitment wherein a bank promises to lend a customer up to a specified maximum amount during a specified period. The New York Times Financial Glossary …   Financial and business terms

  • revolving credit agreement — A legal commitment in which a bank promises to lend a customer up to a specified maximum amount during a specified period. Bloomberg Financial Dictionary …   Financial and business terms

  • credit — cred·it 1 n 1: recognition see also full faith and credit 2 a: the balance in an account which may be drawn upon and repaid later compare loan …   Law dictionary

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