We received a statement noting an outstanding balance of £65.40 for credit protection, which the bank said I had taken out with the original credit agreement.
Financial and business terms. 2012.
credit protection seller — USA credit protection seller, Also known as the protection seller. The entity (usually a financial institution, fund or insurer) that is obligated to make certain payments under a credit default swap to its counterparty, the credit protection… … Law dictionary
credit protection buyer — USA credit protection buyer, Also known as the protection buyer. An entity (usually a financial institution or fund) that is entitled to receive certain payments under a credit default swap from its counterparty, the credit protection seller,… … Law dictionary
Consumer Credit Protection Act — The Consumer Credit Protection Act, Pub.L. 90 321, 82 Stat. 146, enacted June 29, 1968, composed of several titles relating to consumer credit, mainly title I, the Truth in Lending Act, title II related to extortionate credit… … Wikipedia
National Consumer Credit Protection Act — The National Consumer Credit Protection Act 2009 (NCCP Act) is an Australian Federal law, passed on 15 December 2009. It came into force on 1 April 2010.[1] References ^ National Consumer Credit Protection Act 2009 comlaw.gov.au Categories:… … Wikipedia
Consumer Credit Protection Act Of 1968 — Federal legislation that created disclosure requirements that must be followed by consumer lenders such as banks, credit card companies and auto leasing firms. Pursuant to the act, consumer lenders were required to inform consumers about annual… … Investment dictionary
credit default swap — A contract between a credit protection seller (seller) and a credit protection buyer (buyer) where, in consideration of the buyer paying the seller an agreed fee, the seller agrees to pay out agreed sums to the buyer if certain credit events… … Law dictionary
credit default spread — USA credit default spread, Also known as a credit default swap spread or a credit spread (or sometimes, simply, the spread). In derivatives, an amount, typically specified in basis points, above LIBOR that a … Law dictionary
credit default swap spread — USA credit default spread, Also known as a credit default swap spread or a credit spread (or sometimes, simply, the spread). In derivatives, an amount, typically specified in basis points, above LIBOR that a … Law dictionary
credit spread — USA credit default spread, Also known as a credit default swap spread or a credit spread (or sometimes, simply, the spread). In derivatives, an amount, typically specified in basis points, above LIBOR that a … Law dictionary
protection seller — USA credit protection seller, Also known as the protection seller. The entity (usually a financial institution, fund or insurer) that is obligated to make certain payments under a credit default swap to its counterparty, the credit protection… … Law dictionary
