value of credit
81value date — noun chiefly Britain : the date when the proceeds of a credit instrument (as a check) or of a foreign exchange transaction (as the sale of dollars for sterling) become available for use * * * Banking. the date on which an entry made on an account …
82Credit Crisis — A crisis that occurs when several financial institutions issue or are sold high risk loans that start to default. As borrowers default on their loans, the financial institutions that issued the loans stop receiving payments. This is followed by a …
83credit entry — An accounting transaction under *double entry bookkeeping which increases *liabilities, *revenues, and *equity, or reduces *assets and *expenses. A credit entry has a corresponding *debit entry (or debit entries) of equal value …
84Credit Shelter Trust - CST — A type of trust that allows a married investor to avoid estate taxes when passing assets on to heirs. The trust is structured so that upon the death of the investor, the assets specified in the trust agreement (up to a specified maximum dollar… …
85Value date booking — The date to debit or credit transactions into accounts used for interest calculations …
86credit note — noun (C) a document which a shop gives you when you return goods allowing you to exchange them for goods of the same value …
87Loan-to-value ratio — The loan to value (LTV) ratio expresses the amount of a first mortgage lien as a percentage of the total appraised value of real property. For instance, if a borrower borrows $130,000 to purchase a house worth $150,000, the LTV ratio is… …
88Health Care Credit Union Association — Established in 1985, the Health Care Credit Union Association, commonly known as HCCUA, is an American not for profit association created with the goal of improving and protecting the physical and financial health of its members. Although HCCUA… …
89Role of credit rating agencies in the subprime crisis — Credit rating agencies played an important role at various stages in the subprime crisis. They have been highly criticized for understating the risk involved with mortgage backed securities (MBS).Impact on the crisisCredit rating agencies are now …
90Stored-value card — A stored value card represents money on deposit with the issuer, and is similar to a debit card. One major difference between stored value cards and debit cards is that debit cards are usually issued in the name of individual account holders,… …
