credit 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 [plural]
FINANCE, COMMERCE an arrangement for giving credit (= allowing someone to pay for something at a later time), including the length of time allowed for payment, the number of payments, the interest rate, etc.: easy/loose/favourable credit terms »

Many advertisements don't even mention the full cost, opting instead to offer easy credit terms.

»

strict/tight credit terms

on credit terms »

If you sell products on credit terms it can cause cash flow problems.

»

Profits on sales of goods made on extended credit terms should be recognised at the time of the sale.


Financial and business terms. 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • credit terms — conditions of credit …   English contemporary dictionary

  • credit transactions — In the context of directors loans a hire purchase or conditional sale agreement, a lease or hire agreement or the supply of goods or services on deferred credit terms (Section 330 344 Companies Act 1985). Easyform Glossary of Law Terms. UK law… …   Law dictionary

  • Credit manager — A credit manager is a person employed by an organization to manage the credit department and make decisions concerning credit limits, acceptable levels of risk and terms of payment to their customers. In companies, the role of Credit manager is… …   Wikipedia

  • Credit Business Associate (United States) — The Credit Business Associate (CBA) is a professional designation for a credit manager. This designation was created by the National Association of Credit Management, a nonprofit organization based in Columbia, MD (USA) that promotes standards… …   Wikipedia

  • Credit score — A credit score is a numerical expression based on a statistical analysis of a person s credit files, to represent the creditworthiness of that person. A credit score is primarily based on credit report information typically sourced from credit… …   Wikipedia

  • Credit limit — A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit (sometimes called a credit line, line of credit, or a tradeline). For example, it is the most that …   Wikipedia

  • credit — / kredɪt/ noun 1. the period of time allowed before a customer has to pay a debt incurred for goods or services ● to give someone six months’ credit ● to sell on good credit terms ♦ to open a line of credit or a credit line to make credit… …   Marketing dictionary in english

  • credit — / kredɪt/ noun 1. a period of time allowed before a customer has to pay a debt incurred for goods or services ● to give someone six months’ credit ● to sell on good credit terms ♦ on credit without paying immediately ● to live on credit ● We buy… …   Dictionary of banking and finance

  • 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 business licence — Under the Consumer Credit Act 1974, the Office of Fair Trading is responsible for the grant of licences to those involved in consumer credit and consumer hire agreements. Potential licensees include consumer credit and consumer hire businesses,… …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”