noun 1. commendation or honor given for some action, quality, etc.: Give credit where it is due. 2. a source of pride or honor: You are a credit to your school. 3 ...

Easy to Read Credit Dictionary: Frequently used credit terms and phrases defined and explained in alphabetical order, such as “credit history”, “credit score ...

cred·it (kr d t) n. 1. Belief or confidence in the truth of something. See Synonyms at belief. 2. A reputation for sound character or quality; standing: It is to ...

Definition of CREDIT. 1: reliance on the truth or reality of something <gave credit to everything he said> 2. a: the balance in a person's favor in an account b: an ...

A credit card dictionary. Defines most of the terms a person comes across with a credit card.

credit, granting of goods, services, or money in return for a promise of future payment. Most credit is accompanied by an interest charge, which usually makes the ...

WHAT IS THE ENCYCLOPEDIA OF CREDIT? Designed for business credit the Encyclopedia of Credit is a FREE resource specializing in topics related to corporate credit ...

Account Condition: Indicates the present state of the account, but does not indicate the payment history of the account that led to the current state.

Amount Financed The total dollar amount of the credit that is provided to you. Annual Percentage Rate or "APR" A measure of the cost of credit expressed as a yearly rate.

Credit Terms The conditions under which credit will be extended to a customer. The components of credit terms are: cash discount , credit period , net period