Business Terms and Jargon Explained

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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Id est (i.e.) Contingent order Horizontal integration
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Dalasi Percentage of Annual Revenue From Online Sales MoneyGram
NAIRU Non-Monetary Asset stripper
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Term created / updated 2006-05-31 23:04:09

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