Credit and Lending

  • 13 Posts
  • 1 Sections
  • 1 Types
Accounts Payable
Accounting Credit and Lending
Short-term obligations to suppliers created when a firm buys goods or services on credit.
Read more about Accounts Payable.
Accounts Receivable
Accounting Credit and Lending
Money owed to a firm by customers for goods/services already delivered; a key working-capital item tied to trade credit.
Read more about Accounts Receivable.
Administration
Corporate Finance Credit and Lending
An insolvency procedure in which an administrator takes control of a distressed company to preserve value and improve outcomes for creditors.
Read more about Administration.
Advances
Banking Credit and Lending
A broad banking term for credit extended to customers, including overdrafts, working-capital facilities, and other loans.
Read more about Advances.
Annual Percentage Rate (APR)
Credit and Lending Personal Finance
A standardized annual borrowing-cost measure that includes interest plus certain loan fees so credit offers can be compared more fairly.
Read more about Annual Percentage Rate (APR).
Arrears
Credit and Lending Personal Finance
Overdue payments on a contract (rent, mortgage, utilities, child support) after one or more missed due dates.
Read more about Arrears.
Bad Debt
Accounting Credit and Lending
Debt that is unlikely to be collected and must be recognized as a loss by the lender or seller.
Read more about Bad Debt.
Bad Debt Provision
Accounting Credit and Lending Banking
An accounting charge that sets aside an allowance for expected losses on loans or receivables.
Read more about Bad Debt Provision.
Bank
Banking Macroeconomics Credit and Lending
A financial institution that takes deposits, extends credit, and provides payment and financial services.
Read more about Bank.
Bank Loan
Banking Credit and Lending
Credit extended by a bank to a household or firm under agreed repayment terms.
Read more about Bank Loan.
Bankruptcy
Credit and Lending Economics
A legal process for dealing with debts that cannot be repaid in full.
Read more about Bankruptcy.
Base Rate
Banking Credit and Lending
A benchmark interest rate used to price loans and influence borrowing conditions.
Read more about Base Rate.
Mortgage-Backed Security (MBS)
Fixed Income Credit and Lending
A bond-like security backed by the cash flows from a pool of mortgage loans.
Read more about Mortgage-Backed Security (MBS).