Business terms and jargon explained. Your business dictionary

What is Credit

Credit is where goods or services are proved before payment is required. E.g. you buy a book for £30 on 1.1.2005 and they give you 30-day credit. This means that they will send you the book now and you do not need to pay until the dead line 30 days latter 30.1.2005.

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ASCII Declaration of incompatibility Make waves Voir Dire
Accounts payable N379 Civil Court form Pupillage Open Economy
Interest rate risk Affidavit Executive Agency Aggregate Supply
Smart Card Production Internet and email usage policy AVTUR
Lifo JP VLO Current Liability
Per stirpes VCU Autoregressive Email client
Worm Easy mark High Court Oblique intent
Writ of venire de novo Supply Of Goods Accounts receivable Right of Support
Single linking agreement Taxation of costs N285 Civil Court form EEMEA
N244 Civil Court form mutatis mutandis Non sequitur EAT

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Term created / updated 2005-07-16 23:12:15

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