debt under credit
1debt and credit rules — The rules to be followed under the method of double entry bookkeeping. The rules are: • any asset account is increased by making a debit entry and decreased by making a credit entry; • any expense account is increased by making a debit entry and… …
2credit default swap — A contract between a credit protection seller (seller) and a credit protection buyer (buyer) where, in consideration of the buyer paying the seller an agreed fee, the seller agrees to pay out agreed sums to the buyer if certain credit events… …
3debt — n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan… …
4Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …
5Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …
6Credit derivative — In finance, a credit derivative is a securitized derivative whose value is derived from the credit risk on an underlying bond, loan or any other financial asset. In this way, the credit risk is on an entity other than the counterparties to the… …
7Debt-snowball method — The debt snowball method is a debt reduction strategy, whereby one who owes on more than one account pays off the accounts starting with the smallest balances first while paying the minimum on larger debts. Once the smallest debt is paid off, one …
8Credit rating agencies and the subprime crisis — Main article: Subprime mortgage crisis Credit rating agencies played a very important role at various stages in the subprime crisis. They have been highly criticized for understating the risk involved with new, complex securities that fueled the… …
9Credit Score — A statistically derived numeric expression of a person s creditworthiness that is used by lenders to access the likelihood that a person will repay his or her debts. A credit score is based on, among other things, a person s past credit history.… …
10Debt settlement — Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.[1] Debt settlement is… …
