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credit events
plural of credit event
credit spreads
plural of credit spread
credit notes
plural of credit note
bills of credit
plural of bill of credit
credit unions
plural of credit union
credit reports
plural of credit report
credit ratings
plural of credit rating
letters of credit
plural of letter of credit
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.
line of credit
(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.