Business Terms and Jargon Explained

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

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   

Sale and Leaseback Merger Note Buyers
Contempt of Court N242A Civil Court form Option to Tax
Dividend 2FA Benchmark
Deferment Account Installment Nominal wage flexibility
Pro Rata CEO Cancellation Period
Unanimous verdict Encode Boil the ocean
Overrule Real Exchange Rate Gross interest
Free Qualifying share Solvency
Easy mark Off Balance Sheet Booking Fee
Negative equity Cyberspace Primary legislation
Surplus Berne Convention Audit
Warranty of Authority Macro environment Wetware
Incentive Deed of assignment Overgeared

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.