Credit

Of assets.

Money available for a client to borrow.

This concept's ID is @1~67014

Contains

  • letter of credit 2 facts

    A document issued by a bank that guarantees the payment of a customer's draft;...

  • line 1 facts

    The maximum credit that a customer is allowed.

  • cheap money 0 facts

    Credit available at low rates of interest.

  • import credit 0 facts

    Credit opened by an importer at a bank in his own country upon which an exporter may...

  • export credit 0 facts

    A credit opened by an importer with a bank in an exporter's country to finance an...

  • commercial credit 0 facts

    Credit granted by a bank to a business concern for commercial purposes.