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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Overheads Export Somoni
Lobbyist Quick wins CPEI
Voluntary Liquidation Pilot Operation Unconscionable
N5 Civil Court form Political equity Capital Gains
Fiat money Lilangeni Agricultural property
Medium of exchange Yen Benchmark
Above-board Sol Kyat
Cross training N218 Civil Court form Lifehack
Dead Wood Ex rights Peso
Xerox Working Capital CNCD
Gatekeeper London Agreement Giffen goods
Redemption Interium NVR
Payer Auction Human capital

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

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