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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 policy — ➔ policy * * * credit policy UK US noun [C or U] (plural credit policies) ► FINANCE, BANKING, COMMERCE a set of principles that a financial organization or business uses in deciding who it will loan money to or give credit (= the ability to pay… …
3Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …
4Credit channel — The credit channel mechanism of monetary policy describes the theory that a central bank s policy changes affect the amount of credit that banks issue to firms and consumers for purchases, which in turn affects the real economy. Contents 1 Credit …
5Credit Cycle — A cycle involving the access to credit by borrowers. Credit cycles first go through periods in which funds are easy to borrow; these periods are characterized by lower interest rates, lowered lending requirements and an increase in the amount of… …
6The Credit Munch — Recession prompted comfort eating. Reporting recently on an apparent correlation between dwindling finances and expanding waistlines, The Daily Express stated: Stressed out Britons have piled on 20 million stone in a year trying to “comfort eat”… …
7brazil — /breuh zil /, n. brazilwood. [1350 1400; ME brasile < ML < It < Sp brasil, deriv. of brasa live coal (the wood being red in color) < Gmc; see BRAISE] * * * Brazil Introduction Brazil Background: Following three centuries under the rule of… …
8Brazil — Brazilian /breuh zil yeuhn/, adj., n. /breuh zil /, n. a republic in South America. 164,511,366; 3,286,170 sq. mi. (8,511,180 sq. km). Cap.: Brasília. Portuguese and Spanish, Brasil. Official name, Federative Republic of Brazil. * * * Brazil… …
9Austrian Business Cycle Theory — The Austrian business cycle theory is the Austrian School s explanation of the phenomenon of business cycles (or credit cycles ). Austrian economists assert that inherently damaging and ineffective central bank policies are the predominant cause… …
10Hyman Minsky — Hyman Minsky, Ph.D. (September 23, 1919, Chicago, Illinois ndash; October 24, 1996), was an American economist and professor of economics at Washington University in St. Louis. His research attempted to provide an understanding and explanation of …
