Business Terms and Jargon Explained
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.
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
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 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.