outstanding credit
1Credit card debt — is an example of unsecured consumer debt, accessed through credit cards. Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases via interest and penalties when the… …
2credit insurance — n: insurance paid for by a debtor to assure payment of any outstanding credit balance in the event of death or disability Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. credit insurance …
3Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …
4Credit 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… …
5credit — creditless, adj. /kred it/, n. 1. commendation or honor given for some action, quality, etc.: Give credit where it is due. 2. a source of pride or honor: You are a credit to your school. 3. the ascription or acknowledgment of something as due or… …
6Credit Sleeve — A form of credit agreement, backed by physical assets, where the lending party will provide working capital and collateral to another company, known as the sleeve provider . The lending party will essentially co guarantee certain outstanding… …
7Credit Solutions of America — Industry Financial Services Founded 2003 in Dallas, Texas Headquarters Richardson, Texas Products Debt settlement Website …
8Credit insurance — is a term used to describe both business credit insurance (a.k.a. trade credit insurance) and consumer credit insurance, e.g., credit life insurance, credit disability insurance (a.k.a. credit accident and health insurance), and credit… …
9credit score — Numerical calculation that creditors use to evaluate the creditworthiness of someone applying for credit, such as a mortgage or credit card. High credit scores (over 700) indicate less risk that you will default on payments, and low scores (under …
10credit protection — UK US noun [U] ► FINANCE, BANKING, INSURANCE an arrangement in which a credit card company allows you to stop making payments and does not charge interest if you lose your job or become unable to work because of illness or injury: »We received a… …
