credit interest rates
41Credit score (United States) — A credit score in the United States is a number representing the creditworthiness of a person, the likelihood that person will pay his or her debts. Lenders, such as banks and credit card companies, use credit scores to evaluate the potential… …
42interest — [[t]ɪ̱ntrəst, tərest[/t]] ♦ interests, interesting, interested 1) N UNCOUNT: also a N If you have an interest in something, you want to learn or hear more about it. There has been a lively interest in the elections in the last two weeks... His… …
43Credit Enhancement — A method whereby a company attempts to improve its debt or credit worthiness. Through credit enhancement, the lender is provided with reassurance that the borrower will honor the obligation through additional collateral, insurance, or a third… …
44credit control — any policy designed to increase or decrease credit. Glossary of Business Terms * * * credit control credit control ➔ control1 * * * credit control UK US noun ► [U] (also credit management) ACCOUNTING, FINANCE the system used by a business to make …
45credit crunch — noun a state in which there is a short supply of cash to lend to businesses and consumers and interest rates are high • Syn: ↑liquidity crisis, ↑squeeze • Hypernyms: ↑financial condition * * * credit crunch noun (informal) A sudden and drastic… …
46Credit Counseling — Personalized counseling services that provide guidance and support for those who have gotten in over their heads financially. The objective of most credit counseling is to help the creditor avoid bankruptcy, as well as provide basic education on… …
47Credit Easing — Policy tools used by central banks to make credit more readily available in the event of a financial crisis, such as the one experienced in 2007 2008. In the United States, the policy tools, as described by Federal Reserve Chairman Ben Bernanke… …
48Credit Market — 1. The broad market for companies looking to raise funds through debt issuance. The credit market encompasses both investment grade bonds and junk bonds, as well as short term commercial paper. 2. The market for debt offerings as seen by… …
49credit crunch — /ˈkrɛdət krʌntʃ/ (say kreduht krunch) noun a sudden limitation on the availability of credit, caused by interest rates rising steeply, restrictions on lending suddenly imposed, etc …
50credit union — noun Date: 1881 a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts) …
