credit terms en
31credit protection seller — USA credit protection seller, Also known as the protection seller. The entity (usually a financial institution, fund or insurer) that is obligated to make certain payments under a credit default swap to its counterparty, the credit protection… …
32credit protection buyer — USA credit protection buyer, Also known as the protection buyer. An entity (usually a financial institution or fund) that is entitled to receive certain payments under a credit default swap from its counterparty, the credit protection seller,… …
33credit bid — USA credit bid, Also known as credit bidding. The right of a secured creditor under the Bankruptcy Code to use its secured claim against a debtor as currency in an auction of its collateral in a debtor s Section 363 sale (§ 363(k) …
34credit bidding — USA credit bid, Also known as credit bidding. The right of a secured creditor under the Bankruptcy Code to use its secured claim against a debtor as currency in an auction of its collateral in a debtor s Section 363 sale (§ 36 …
35credit counseling agency — Agency approved by the office of United States Trustee to offer credit counseling to potential debtors. A certificate from an approved credit counseling agency certifying course completion is required to file individual bankruptcy. (Bernstein s… …
36credit, post-petition — The debtor in possession is allowed to incur unsecured debt in the ordinary course of business without prior court approval. Such debt will be considered a post petition claim, also referred to as an administrative expense claim. To have the new… …
37Terms of Use — are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. They generally …
38credit event — USA An event or circumstance specified in a credit default swap confirmation which obligates the credit protection seller to make certain payments to the credit protection buyer. The credit events most commonly specified are failure of the… …
39credit enhancement — International The use of various finance techniques to improve the creditworthiness of a security, as indicated by a credit rating. A security can be credit enhanced by reducing the probability of default by the issuer. securitisation structures… …
40credit rating agency — USA credit rating agency, Also known as rating agency. A credit rating agency attempts to describe the risk of a bond with a credit rating such as AAA. In the US, some of the major agencies are Standard and Poor s, Moody s Investors Servic …
