Business terms and jargon explained. Your business dictionary

What is Credit Scoring

This is the process of assessing an individual's or business credit-worthiness. The information from an application form is used together with outside sources of information to decide on a score. Certain responses will attract higher scores than others and the total score. This will determine whether the person or business is successful in their application for credit or if they pose a too high a credit risk.

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Chargeable Value	DVD	Lord Chief Justice
Scope Creep	Minutes	Quality Assurance	Kangaroos
Lat	N119 Civil Court form	Court	Abatement
Job-ready	Incentive	Insurance	Overseas company
Directors Guarantee Letter	Keiretsu	QC	Financial Constraints
N170 Civil Court form	PLN	Advanced fee fraud	Justice of the peace
Gratuitous	Quaere	JCO	Hedge
On Consignment	PIN	KMC	Abbreviated Accounts
Ngultrum	Back Door	Backdoor	Ipsissima verba
Visible Trade	Arbitrator or Arbitration	Reimbursement	Faciendum

Term created / updated 2009-07-30 10:25:32

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.