withdrawal of credit
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Credit money — is any claim against a physical or legal person that can be used for the purchase of goods and services.[1] Examples of credit money include personal IOUs, and in general any financial instrument or bank money market account certificate, which is … Wikipedia
Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
Credit card balance transfer — A credit card balance transfer is the transfer of the balance (the money) in a credit card account to an account held at another credit card company.[1] Contents 1 Overview 1.1 Normal rate … Wikipedia
Working tax credit — (WTC), is a component of the current tax credits scheme in the United Kingdom part of the system of means tested social security benefits. The related component of the scheme is the Child tax credit (CTC). Tax credits were introduced in their… … Wikipedia
Consumer Credit Act 1974 — United Kingdom Parliament Long title An Act to establish for the protection of consumers a new system, administered by the Director General of Fair Trading, of licensing and other control of traders concerned with the provision of credit, or the … Wikipedia
Cheque and Credit Clearing Company — The Cheque and Credit Clearing Company Limited is a membership based industry body with 12 settlement members. The company has managed the cheque clearing system in England and Wales since 1985, and in all of Great Britain since 1996 when it took … Wikipedia
Mortgage Equity Withdrawal — The amount of equity that consumers withdraw from their homes through home equity loans or lines of credit and cash out refinances. Mortgage equity withdrawal is a relevant variable in the prediction of consumer spending and, therefore, gross… … Investment dictionary
Alberta Social Credit leadership convention, 1968 — The Alberta Social Credit leadership convention, 1968 took place in the Jubilee Auditorium in Edmonton on December 4, 1968 for the purpose of selecting a candidate to replace Ernest Manning as leader of the Social Credit Party of Alberta. Because … Wikipedia
Available Credit — The unused portion of an open line of credit, such as a credit card or a revolving loan (such as a home equity line of credit). Available credit is the difference between the amount of the credit line or limit, and the amount that has already… … Investment dictionary
Free Credit Balance — The cash held by a broker in a customer s margin account that can be withdrawn by the customer at any time without restriction. This balance is calculated as the total remaining money in a margin account after margin requirements, short sale… … Investment dictionary
fictitious credit — A margin account s credit balance. Fictitious credit exists after the proceeds from a short sale are accounted for with respect to the margin requirement. The proceeds from the short sale are reflected as a credit, but must stay in the account to … Financial and business terms
