Credit period

The length of time for which the customer is granted credit. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • credit period — The length of time for which a firm s customer is granted credit. Bloomberg Financial Dictionary …   Financial and business terms

  • credit terms — The conditions under which credit will be extended to a customer. The components of credit terms are: cash discount, credit period, net period. Bloomberg Financial Dictionary * * * credit terms credit terms ➔ term1 * * * credit terms UK US noun… …   Financial and business terms

  • Credit card hijacking — is a form of credit card fraud and the term is used when a person’s credit card is used by some unauthorized person (e.g. a thief or overaggressive vendor) to buy goods or services. The credit card owner usually has trouble reasserting control… …   Wikipedia

  • Credit counseling — (known in the United Kingdom as debt counseling) is a process that involves offering education to consumers about how to avoid incurring debts that cannot be repaid through establishing an effective Debt Management Plan and Budget. Credit… …   Wikipedia

  • credit line — ˈcredit line also ˌbank (ˈcredit) ˌline, ˌline of ˈcredit noun [countable] BANKING COMMERCE an arrangement with a bank for a loan or a number of loans: • The auto maker is currently negotiating a new $1.8 billion credit line that would replace a… …   Financial and business terms

  • Crédit Foncier de France — is a national mortgage bank of France. A subsidiary of the Groupe Caisse d Epargne, its headquarters is located in Charenton, 100 metres outside the Paris city limits. History The Crédit Foncier (English: landed credit) initially made loans to… …   Wikipedia

  • Credit rationing — refers to the situation where lenders limit the supply of additional credit to borrowers who demand funds, even if the latter are willing to pay higher interest rates. It is an example of market imperfection, or market failure, as the price… …   Wikipedia

  • 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

  • credit facility — ➔ facility * * * credit facility UK US noun [C] ► FINANCE, BANKING an arrangement between a bank and a business that allows the business to borrow a particular amount of money for different purposes for a particular period of time: »The software… …   Financial and business terms

  • credit account — ➔ account1 * * * credit account UK US noun [C] also US charge account) ► FINANCE, COMMERCE an arrangement by which a customer receives goods from a store and pays for them over a period of time: »Get 10% to 15% off by opening a department store… …   Financial and business terms

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