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.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Creditors OATH Debt collection letters A.K.A
Affiliate agreement Progress payments Entities Adjournment
Net Realizable Value Court Orse Net Book Value
Gross value added - GVA Multicurrency Virement Macro environment
Kina Utilities Company Accounts receivable Compensation order
N122 Civil Court form Alibi Donee BIS
N121 Civil Court form Judiciary Nontrade receivables Conditional discharge
Headhunter Digital Signature Litas N119 Civil Court form
Somoni Fiat money N150 Civil Court form Monopoly
Testatrix Deed Oblique intent Paying Agent

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

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2018 Scopulus Limited. All rights reserved.