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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Taxation of costs JIT Affiliate
Forced Acquisition Supply VAT Write-off
Break up value Undercapitalized United Kingdom
Pari passu CHAPS Debenture
Holding Company IMHO Process
CMO Compensation funds Negligible Value
Installment Arbitrage Interpreter
Somoni Convention right Deposition
Externality JCCC Kiosk
Creative Commons UN Credit Derivatives
Smart Card Kilowatt hours (kWh) Peer
Tender Altcoin Tax Form - P6
Gearing Zaire Freedom of Information

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

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