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.

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Bank of England Gazundering Overwrite Procedure
Assurance Functionality Management Audit
Value added tax (VAT) Ransomware Secus
CCCL K.I.S.S Externality
Charities Act of God Business Entertainment
Capsizing Adhocracy Oligopoly
Landlord DLL Tynwald
Assumption Civil List Statutory Instrument
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Prima facie Log Households
Out of Box JP Deflation
Quant B2C Freedom of Information
Enterprise zone Darknet County Court Judgement

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

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