creditworthy
91prime rate — n: an interest rate formally announced by a bank to be the lowest available at a particular time to its most creditworthy customers – called also prime, prime interest rate; Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
92-worthy — [[t] wɜː(r)ði[/t]] COMB in ADJ GRADED worthy can be added to words to form adjectives which indicate that someone or something deserves a particular thing or action. For example, if a remark or person is quote worthy, they are worth quoting. →… …
93credit-worthy — see creditworthy …
94claim responsibility for — to admit to A usage of terrorists, especially in Northern Ireland, who saw murder and arson as creditworthy: He turned on the radio... is just coming in of a bomb explosion... no one has yet claimed responsibility. (McCrum, 1991) …
95London Interbank Offered Rate — (LIBOR) An interest rate at which banks can borrow funds, in marketable size, from other banks in the London interbank market. The LIBOR is fixed on a daily basis by the British Bankers Association. The LIBOR is derived from a filtered average of …
96acceptance credit — A means of financing the sale of goods, particularly in international trade. It involves a commercial bank or merchant bank extending credit to a foreign importer whom it deems creditworthy. An acceptance credit is opened against which the… …
97commercial paper — A relatively low risk short term (maturing at 60 days or less in the US but longer in the UK) unsecured form of borrowing. Commercial paper is often regarded as a reasonable substitute for Treasury bills, certificates of deposit, etc. The main… …
98acceptance credit — A means of financing the sale of goods, particularly in international trade. It involves a commercial bank or merchant bank extending credit to a foreign importer, whom it deems creditworthy. An acceptance credit is opened against which the… …
99commercial paper — A relatively low risk short term (maturing at 60 days or less in the US but longer in the UK) unsecured form of borrowing. Commercial paper is often regarded as a reasonable substitute for Treasury bills, certificates of deposit, etc. The main… …
100in the black — our business is finally in the black Syn: solvent, debt free, out of debt, in credit, financially sound, able to pay one s debts, creditworthy …