Business terms and jargon explained. Your business dictionary

What is Open End Credit

This is the usual terms of a credit card or an agreed overdraft with the bank. You have a credit limited where you can borrow up to that limit. Once you have repaid then you have that limited again.

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Excise Goods	Perjury	Stet	Rainmaker
Capped Rate	European Council	Id est (i.e.)	Woody
Exhibit	Suspended sentence	Junk bonds	Underwrite
Office Of Export	Kuna	Fixer	Cestui que trust
Securitisation	Default Interest	MasterCard	BIOS
Refinance	Pay Back Period	Deferment Trader	Valuation reserve
Naira	Out of Box	Patent Pools	GZIP
CHIP and PIN	Advance information	Entities	Aggregate Demand
APR	In situ	Plaintiff	Somoni
Conditional Sale	Forward Rate	Simple Interest	Grant of probate

Term created / updated 2006-05-31 23:04:09

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