(finance) A financial cooperative similar to a bank but owned and controlled by its members, often restricted to a local area or sometimes to a single profession.

plural of line of credit

plural of letter of credit

(finance, banking) A document, used primarily in trade finance and issued generally by a financial institution, in which the institution promises to pay debts up to a certain limit to be acquired by the beneficiary against delivery of documents specified in the letter.

(finance, banking) A credit facility under which a bank or other lender agrees to provide a client with loans of money up to an approved limit during a predefined period. The client may borrow the entire credit amount all at once or in portions during the specified period.

Any form of credit that does not have a fixed number of payments.

(finance) The risk of loss due to a debtor's non-payment or delayed payment of a financial obligation, such as an account payable, a loan or other line of credit.

Alternative spelling of creditworthy

plural of credit card

plural of carbon credit